Miralles, Antonio - Barcelona Graduate School of Economics (Barcelona GSE) - 2013
objects. To measure efficiency, we focus on the set of ex-ante Pareto-optimal (PO) random assignments and on the ex-ante weak … core (CO). We find: 1) PM ⊂ PO but the converse is not always true (there is no Second Theorem of Welfare Economics), 2) PO …