The Invisible Hand and Modern Welfare Economics
收藏NBER1991-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3641
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资源简介：
This paper reviews and puts into perspective recent work reassessing the first and second Fundamental Theorems of Welfare Economics. It assesses the implications of the Greenwald-Stiglitz theorem establishing the (constrained) Pareto inefficiency of market economies with imperfect information and
提供机构：
美国国家经济研究局
创建时间：
1991-03-01
