EUI Working Paper: SPS, Volumes 4-10European University Institute, 1993 - Europe |
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Page 8
fundamental theorem of welfare economics states that under certain conditions , competitive markets lead to a Paretooptimal allocation of resources , that is , to a situation 1 where there is no rearrangement of resources ( no possible ...
fundamental theorem of welfare economics states that under certain conditions , competitive markets lead to a Paretooptimal allocation of resources , that is , to a situation 1 where there is no rearrangement of resources ( no possible ...
Page 14
... foreign competition by tariffs and other means ( De Swaan , 1988 ) . Such bargain would be hardly possible under present a circumstances . If the historical analogy is dubious , how well founded are the fears that competition among ...
... foreign competition by tariffs and other means ( De Swaan , 1988 ) . Such bargain would be hardly possible under present a circumstances . If the historical analogy is dubious , how well founded are the fears that competition among ...
Page 25
Social regulation is still far from possessing the same political and institutional significance as , for example , competition policy , but it no longer occupies a peripheral position in European policymaking . 2 .
Social regulation is still far from possessing the same political and institutional significance as , for example , competition policy , but it no longer occupies a peripheral position in European policymaking . 2 .
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