Neutrality of planning procedures
Cornet, Bernard (1983), Neutrality of planning procedures, Journal of Mathematical Economics, 11, 2, p. 141-160. http://dx.doi.org/10.1016/0304-4068(83)90033-2
TypeArticle accepté pour publication ou publié
Journal nameJournal of Mathematical Economics
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Abstract (EN)A planning procedure is said to be neutral if every Pareto optimum, which is preferred or indifferent by every agent to the initial situation, can be reached by the procedure. We give sufficient conditions which imply the neutrality property of a large class of dynamical systems which includes, in particular, a planning procedure defined by Drèze, de la Vallée Poussin and Malinvaud.
Subjects / Keywordsplanning procedures; Pareto optimum
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