Sergio Parrinello

The Second Fundamental Theorem of Welfare Economics: A Pedagogical Note

  • Abstract

Informations and abstract

Keywords:

The author extends the criticism that W. Bryant (1994) levelled against the usual treatment given to the Second Fundamental Theorem of Welfare Economics in many microeconomics textbooks and economic journal literature. He argues that the omission of basic caveats makes the usual interpretation misleading and an obstacle to better economic education.

Trova nel catalogo di Worldcat

Article first page

Article first page