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845  Articles
1 of 85 pages  |  10  records  |  more records»
This issue is dedicated to the memory of Tapan Biswas.

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This paper is concerned with optimal allocation of investment in a two-sector open economy with non-shiftable capital. We have assumed a stationary population and fixed terms of trade. It has been shown that, if the economy starts with a sm... see more

This paper is concerned with generalised scalar measures of risk aversion. A measure R which may meaningfully be applied to both unidimensional risks (risk in income or wealth) and multidimensional risks has been constructed. In case of identical preferen... see more

Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrixof all excess demand functions, corresponding to both outputs and inputs, may satisfy the gross substitute requirements if, apart from the final goods being gross-s... see more

After critically examining different notions of fairness in allocating goods and leisure in an economy with production, the paper considers an alternative approach to distributive justice and discusses the concept of a fair market economy.

Fort a small economy, the equilibrium under monopolistic competition may not be Pareto optimal. The paper deals with the condition for the existence and Pareto optimality of equilibrium under monopolistic competition in a large economy with differentiated... see more

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1 of 85 pages  |  10  records  |  more records»