Dierker, Egbert (contributor); … - 2001 - [Elektronische Ressource]
place.2
The equilibrium concept introduced by Dr`eze is geared towards constrained
efficiency. Constrained efficiency can be … feasible set. Constrained efficiency means Pareto efficiency
within the constrained feasible set. Under the usual conditions on …`eze equilibrium satisfies the first order conditions
for constrained efficiency [see Magill and Quinzii (1996), p. 369]. However …