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Bhaskara Rao Kopparty and Surekha K Rao
''Efficient Sets Are Very Small''
( 2018, Vol. 38 No.4 )
We show that Efficient sets are not just small but very small. In fact we show that efficient sets have measure zero with respect to every continuous sigma-finite product measure on $R^p$.
Keywords: Efficient Sets, Pareto Efficiency, Lebesgue measure, product of sigma-finite measures
JEL: D5 - General Equilibrium and Disequilibrium: General
H4 - Publicly Provided Goods: General
Manuscript Received : Oct 26 2018 Manuscript Accepted : Nov 06 2018

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