Titlebook: Optimality in Infinite Horizon Economies; Anders Borglin,Hans Keiding Book 1986 Springer-Verlag Berlin Heidelberg 1986 economics.efficienc

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Reduced Many-Goods ModelsWe have seen in Part I that the efficiency/optimality characterization in various one-good models can be given a uniform treatment by means of reduced models. The aim of the present chapter is to introduce reduced models in the many goods context as developed in the previous chapter.

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