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Book Chapter

Investment Under Private Ownership: Optimality, Equilibrium and Stability

  • Drèze J
Palgrave Macmillan UK, (1974), 129-166
DOI: 10.1007/978-1-349-01989-2_9
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Abstract

The theory of equilibrium and efficiency of resource allocation, initially developed for a world of certainty, has been reinterpreted for a world of uncertainty, thanks to a suggestion made by Arrow [1] and pursued further by Debreu [7].2

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Drèze, J. H. (1974). Investment Under Private Ownership: Optimality, Equilibrium and Stability. In Allocation under Uncertainty: Equilibrium and Optimality (pp. 129–166). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-01989-2_9

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