Competitive Equilibrium and Efficiency: What Role for Policy Maker?

5 Pages Posted: 17 Jan 2012  

Antonella Laino

Universita degli Studi e-Campus

Date Written: January 17, 2012

Abstract

Analyzing the two theorems of welfare economics, we try to identify possible areas of State intervention to compensate market imperfections.

Keywords: competive equilibrium, Pareto-efficiency, welfare economics

JEL Classification: A13, D00, D41, D50, D60

Suggested Citation

Laino, Antonella, Competitive Equilibrium and Efficiency: What Role for Policy Maker? (January 17, 2012). Available at SSRN: https://ssrn.com/abstract=1986874 or http://dx.doi.org/10.2139/ssrn.1986874

Antonella Laino (Contact Author)

Universita degli Studi e-Campus ( email )

Via Isimbardi
22060 Novedrate CO
Italy

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