Efficiency, egalitarianism, stability and social welfare in infinite dimensional economies: Eficiencia, igualitarismo, estabilidad y bienestar social en economías de infinitas dimensiones

Elvio Accinelli-Gamba; Leobardo Plata-Pérez; Joss Sánchez-Pérez

doi:10.29105/ensayos33.1-1

Authors

Elvio Accinelli-Gamba Facultad de Economía, UASLP and DECON Facultad de Ciencias Sociales de la Universidad de la República
Leobardo Plata-Pérez Facultad de Economía, UASLP
Joss Sánchez-Pérez Facultad de Economía, UASLP

DOI:

https://doi.org/10.29105/ensayos33.1-1

Keywords:

Fairness, Efficiency, Economic Welfare

Abstract

In the framework of general equilibrium theory, this paper considers the existing relationship between the concepts of egalitarianism, efficiency, and fairness, in a pure exchange economy with infinitely many goods. We consider the possibility of achieving an efficient egalitarian allocation in a decentralized way. Finally, we introduce an index to measure the degree of inequality in a given economy

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Author Biographies

Elvio Accinelli-Gamba, Facultad de Economía, UASLP and DECON Facultad de Ciencias Sociales de la Universidad de la República

Facultad de Economía, UASLP and DECON Facultad de Ciencias Sociales de la Universidad de la República

Leobardo Plata-Pérez, Facultad de Economía, UASLP

Facultad de Economía, UASLP

Joss Sánchez-Pérez, Facultad de Economía, UASLP

Facultad de Economía, UASLP. Address: Av. Pintores s/n, Col. B. del Estado 78213, San Luis Potos, Mexico

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