Re: General Equilibrium - June 17

Posted by tim on Jun 19, 2012; 8:03am
URL: http://discussion-forum.276.s1.nabble.com/General-Equilibrium-June-17-tp7577923p7578190.html

thnk u for replying sir :)

i ve read the text book..intermdeiate hal varian...its the questn that i face problem wid...i m nt able to actually find competitive n pareto efficient  alloaction..there some questns in wich both the utility fns r diff..
cn u pls explain this eg. how  do i solve for competitive eqm n pareto alllocation

u= min(x1,x2)    e = (12, 12)
u=x1+x2   e =(18, 18)

iska pareto efficient allocation n competitive kaise find karenge...