; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Equilibrium Selections"; ; "batchuser@example.com"; "Allen, Beth", "Dutta, Jayasri", "Polemarchakis, H. M. (Heraklis M.)"; "Federal Reserve Bank of Minneapolis"; "D50 - General Equilibrium and Disequilibrium: General", "D60 - Welfare Economics: General", "D62 - Externalities"; "This paper studies the outcome of fully insured random selections among multiple competitive equilibria. This defines an iterative procedure of reallocation which is Pareto improving at each step. The process converges to a unique Pareto optimal allocation in finitely many steps. The key requirement is that random selections be continuous, which is a generic condition for smooth exchange economies with strictly concave utility functions."^^; "1994-04-01"; "2019-05-21T16:48:24.821807672+00:00"^^; "https://doi.org/10.21034/dp.90"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:46:05 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "615", "204", "12"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "090"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published in: Britros, G., & Y. Katsoulacos, eds. _Essays in Economic Theory, Growth, and Labor Markets: A Festschrift in Honor of E. Drandakis_. Edward Elgar, 2002."^^; ; "Publication" . ; .