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• W1845405905 abstract "This paper is devoted to the study of nonconvex models of welfare economics with public goods and infinite-dimensional commodity spaces. Our main attention is paid to new extensions of the fundamental second welfare theorem to the models under consideration. Based on advanced tools of variational analysis and generalized differentiation, we establish appropriate approximate and exact versions of the extended second welfare theorem for Pareto, weak Pareto, and strong Pareto optimal allocations in both marginal price and decentralized price forms." @default.
• W1845405905 created "2016-06-24" @default.
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• W1845405905 date "2011-01-01" @default.
• W1845405905 modified "2023-09-23" @default.
• W1845405905 title "Extended second welfare theorem for nonconvex economies with infinite commodities and public goods" @default.
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• W1845405905 doi "https://doi.org/10.1007/978-4-431-53883-7_5" @default.
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