dc.creatorJofré Cáceres, René
dc.creatorRivera Cayupi, Jorge
dc.date.accessioned2017-05-17T20:43:36Z
dc.date.available2017-05-17T20:43:36Z
dc.date.created2017-05-17T20:43:36Z
dc.date.issued2010
dc.identifierSeries Documentos de Trabajo No. 318, Julio, 2010
dc.identifierhttps://repositorio.uchile.cl/handle/2250/143989
dc.description.abstractIn this paper we prove a general version of the Second Welfare Theorem for a non-convex and non-transitive economy, with public goods and other externalities in consumption. For this purpose we use the sub-gradient to the distance function (normal cone) to define the pricing rule in this general context.
dc.languageen
dc.publisherUniversidad de Chile, Facultad de Economía y Negocios
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile
dc.sourceSeries Documentos de Trabajo
dc.subjectNon-convex separation
dc.subjectSecond Welfare Theorem
dc.subjectpublic goods
dc.subjectexternalities
dc.titleThe Second Welfare Theorem with public goods in general economies
dc.typeDocumento de trabajo


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