Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/80083 
Year of Publication: 
2004
Series/Report no.: 
Working Paper No. 2004-19
Publisher: 
Brown University, Department of Economics, Providence, RI
Abstract: 
The set of fair (i.e. envy free and efficient) allocation rules may be empty in wellbehaved pure exchange economies if the agents are asymmetrically informed at the time of contracting. In addition, there may exist efficient allocation rules such that every agent envies another.
Document Type: 
Working Paper

Files in This Item:
File
Size
139.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.