Gerd Weinrich
Author's titles
Externalities in the Edgeworth box
digital
Year:
2015
The effect of the presence of an externality in a general equilibrium scenario is illustrated in a standard Edgeworth box. Assuming utility functions parameterized by the incidence of the externality and taking into account the resource constraints when deriving agents’ indifference curves for consumption distributions renders possible to depict contract curves with and without the externality in the same box...
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Tertiary Education for Indigenous Students. A Case Study on Institutional Relational Proximity
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