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Respond to the question: the core?

07/21/2003 01:11 PM by ;

If you have no border-solutions you simply eqate the MRSs of both utility function. This gives you the so called efficiency locus. All of the points of the efficiency locus that are pareto better build the core. [View full text and thread]

03/19/2003 03:04 AM by lee; the core

Could anyone tell me how to calculate the core of a 2 person exchange economy given their utility functions.thanx [Manage messages]