Tirelli, Mario - Dipartimento di Economia, Università degli Studi di Roma 3 - 2008
equilibrium set that generalizes to incomplete markets the classical one, rst, proposed by Lange (1942). …In this paper we use global analysis to study the welfare properties of general equilibrium economies with incomplete … markets (GEI). Our main result is to show that constrained Pareto optimal equilibria are contained in a submanifold of the …