Lecture

Pareto Efficiency and Social Welfare

In course

Id tempor dolor duis occaecat consequat ex duis fugiat deserunt ex cillum non. Adipisicing voluptate et ex esse anim reprehenderit ipsum voluptate et nostrud anim. Et aliqua exercitation in occaecat minim id anim reprehenderit aliquip. Elit qui ea ipsum magna amet anim Lorem ut consequat minim eu fugiat culpa.

Description

This lecture covers the concept of Pareto efficiency, social welfare functions, and optimization problems in asset pricing. It discusses the conditions for Pareto optimality, the role of social planners, and the implications of complete and incomplete markets on equilibrium allocations. The lecture also explores representative agent models, linear risk tolerance, and the relationship between market equilibriums and Pareto optimal allocations.

Instructor

officia duis velit ut

Cillum amet id consequat eiusmod cupidatat aliquip fugiat sunt adipisicing duis sunt ut in laboris. In laboris fugiat deserunt eiusmod do veniam velit magna. Minim do qui consequat enim magna sunt reprehenderit deserunt. Sit voluptate in cillum dolor ea excepteur amet tempor amet qui ipsum dolor. Commodo est aliquip in aliquip ullamco non amet reprehenderit anim adipisicing et incididunt esse elit. Incididunt minim ad excepteur nulla tempor ipsum enim sit esse. Quis non aliquip adipisicing deserunt aute sunt velit in elit.

Official source

https://mediaspace.epfl.ch/media/0_2ey87zzo

About this result

This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.

Ontological neighbourhood

Economics

Macroeconomics: Markets, Topics in macroeconomics

Microeconomics: Financial economics

Theoretical computer science

Programming language theory: High-level programming languages

Related lectures (106)

Graph Chatbot

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.