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Competitive Equilibrium and Efficiency: What Role for Policy Maker?Antonella LainoUniversita degli Studi e-Campus January 17, 2012 Abstract: Analyzing the two theorems of welfare economics, we try to identify possible areas of State intervention to compensate market imperfections.
Number of Pages in PDF File: 5 Keywords: competive equilibrium, Pareto-efficiency, welfare economics JEL Classification: A13, D00, D41, D50, D60 working papers seriesDate posted: January 17, 2012Suggested CitationContact Information
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