Title of article :
An intrinsic characterization of free disposal hypothesis
Author/Authors :
Alejandro Jofré، نويسنده , , Jorge Rivera Cayupi، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
In this work by using nonsmooth analysis techniques we provide a geometric characterization of both the free disposal hypothesis for production sets and the strict monotonicity condition for preference relations even for nonconvex economies.
Keywords :
Normal cone , Free disposal , monotonicity , Convex cones
Journal title :
Economics Letters
Journal title :
Economics Letters
