Title of article
On decomposable exchange rules
Author/Authors
François Maniquet، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
6
From page
375
To page
380
Abstract
We study an exchange rule decomposability property requiring that if a fraction only of a recommended exchange takes place, then the remaining exchange be also recommended when including already exchanged quantities in individual endowments. We obtain justifications for the Walrasian exchange rule although this rule is not the only efficient, decomposable and equitable exchange rule.
Keywords
Decomposability , Walrasian exchange
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
434773
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