Re: Strong vs Weak Pareto Efficiency - May 23
Posted by Amit Goyal on May 24, 2012; 5:28am
URL: http://discussion-forum.276.s1.nabble.com/Strong-vs-Weak-Pareto-Efficiency-May-23-tp7573642p7574601.html
AJ, Aditi and Vasudha, All of you got strongly Pareto efficient allocations correct. But think about weakly pareto efficient allocations again. For example:- check that ((0.5, 1), (0.5, 1)) is weakly efficient but is not included in the set you illustrated.