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Re: Exchange Problems

Posted by Priyanka kothari on Aug 16, 2011; 2:34pm
URL: http://discussion-forum.276.s1.nabble.com/Exchange-Problems-tp6673309p6691572.html

as far as i knowThe core is the subset of the pareto optimal allocations in which no one will block any allocation within the core. The easy interpretation of the core is that it is the pareto optimal allocations that noone is worse than their initial endowment