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Competitive Equilibrium
Competitive Equilibrium
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Definitions
Contract Curve
Pareto Efficiency
Edgeworth Box
Competitive Equilibrium
Economics
An exploration of the locus of Pareto-efficient allocations within an exchange economy.
Read more about Contract Curve.
Definitions
Fundamental Theorems of Welfare Economics
Welfare Economics
Competitive Equilibrium
Pareto Efficiency
An exploration of the two fundamental theorems that describe the efficiency properties of a competitive equilibrium.
Read more about Fundamental Theorems of Welfare Economics.
Definitions
Perfect Competition
Economics
Market Structures
Competitive Equilibrium
An idealized market condition where all buyers and sellers are price-takers with full symmetry of information.
Read more about Perfect Competition.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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