1 Linear Inequalities -- 1 Some Fundamental Theorems -- 2 Linear Programming and Matrix Games -- 3 Convex Sets and Convex Cones -- 4 Nonlinear Programming -- 2 Nonnegative Matrices -- 1 The Perron-Frobenius Theorem -- 2 Power-Nonnegative Matrices -- 3 Some Special Matrices -- 1 P-, NP-, PN-, and...

Conditions sufficient for factor price equalization within any non-trivial subset of trading countries are provided. The conditions are that (a) the factor endowment ratios of countries in the subset are all bounded by the factors-in-use ratios in an equilibrium of the hypothetical world economy...

The paper presents a general equilibrium model of a pure exchange economy with stochastic endowments, in which speculation in the forward market is profitable and stabilizes prices but is useless from a welfare point of view. Reconciling the Siegel paradox with the theory of incomplete markets,...

The main purpose of this note is to establish a precise version of the proposition that, in the context of a worldwide constituency, a customs union is more beneficial or less harmful than a comparable but distinct free trade association. It is shown that, corresponding to each feasible...

Pareto is sometimes credited with an early formulation of the ill-fated Hicks or Kaldor principles of hypothetical compensation. The basis for this claim is Pareto's 1894 article "Il massimo di utilita dato dalla libera concorrenza." However in that paper Pareto argued to the contrary, that in...