Balasko, Yves - In: Theoretical Economics 9 (2014) 2, pp. 435-444
The transfer problem is defined by the possibility for a donor country to end up better off after having given away … economy with fixed total resources. Existence of a transfer problem at some equilibrium is known to be equivalent to …'s conjecture that there is no transfer problem at tatonnement stable equilibria is therefore true for any number of goods. …