Testable implications of Pareto efficiency and individual rationality

被引：9

作者：

Bachmann, Ruediger ^{[1
]}

机构：

[1] Yale Univ, Dept Econ, New Haven, CT 06511 USA

来源：

ECONOMIC THEORY | 2006年 / 29卷 / 03期

关键词：

testability; non-parametric restrictions; allocation data; quantifier elimination;

D O I：

10.1007/s00199-005-0026-x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the testable implications of Pareto efficiency and individual rationality on finite data sets in exchange economies with finitely many commodities and agents. Efficiency alone provides no restrictions other than a trivial "no waste"-condition. Efficiency together with individual rationality implies robust restrictions.

引用

收藏

页码：489 / 504

页数：16

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