Title

Valuation and Optimality in Exchange Economies with a Countable Number of Agents

Document Type

Discussion Paper

Publication Date

6-1-1987

CFDP Number

838

CFDP Pages

17

Abstract

We present versions of the two fundamental welfare theorems of economics for exchange economies with a countable number of agents and an infinite dimensional commodity space. These results are then specialized to the overlapping generations model.

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