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Impossibility results for parametrized notions of efficiency and strategy-proofness in exchange economies
Institution:1. Economics and Planning Unit, Indian Statistical Institute, 7, SJS Sansanwal Marg, New Delhi 110016, India;2. Institute of Social and Economic Research, Osaka University, Japan;3. Economics Research Unit, Indian Statistical Institute, Kolkata, India;1. Center of Economic Research at ETH Zürich (CER-ETH), Switzerland;2. Department of Economics, Maastricht University, Netherlands;1. Department of Economics, University of Exeter, Rennes Drive, Streatham Court, Exeter, EX4 4PU, UK;2. Department of Quantitative Economics, University Maastricht, P.O. Box 616, 6200 MD Maastricht, The Netherlands;1. University of São Paulo, Av. Prof. Luciano Gualberto 908, São Paulo, SP, 05508-900, Brazil;2. FGV/EPGE, Graduate School of Economics, Praia de Botafogo 190, 11th floor, Rio de Janeiro, RJ, 22250-900, Brazil;1. Universitat Autònoma de Barcelona and Barcelona GSE, Dept. Economía e Hist. Económica, UAB edifici B, E-08193 Bellaterra, Barcelona, Spain;2. Universidad Pablo Olavide, Department of Economics, Spain
Abstract:
Keywords:Exchange economy  Individual rationality
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