K-equilibrium concept 3/ The existence of a K-equilibrium V -EFFICIENCY PROPERTIES OF K-EQUILIBRIUM 1/ The criterion 2/ Properties of a K-equilibrium 3/ Inefficiency and multiplier effects 4/ The cause of inefficiency VI -AM EXA/vlPLE 1/ The economy 2/ Computation of equilibrium transactions
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Jean‐Pascal Bénassy (1975) studied this question.
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