Re: pareto efficiency

Posted by laracroft on May 17, 2013; 4:05pm
URL: http://discussion-forum.276.s1.nabble.com/pareto-efficiency-tp7580677p7580941.html

Set of pareto optimal solutions:
(a) A's y axis and B's x axis
(b) contract curve (intersecting all pints where MRSa = MRSb)
(c) contract curve where x=y
(d) for B where x=y and for A *total x - x for B*
(e) contract curve where x=y

I am not sure... kindly acknowledge and correct me... someone !