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Core | |
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About 5 pages (1,387 words) in 2 products |
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Encyclopedia and Summary Information
summary from source:

summary from source:

Core Information
1,370 words, approx. 5 pages
 The core is the set of feasible allocations that cannot be improved upon by a subset of the set of the economy's consumers (a coalition). A coalition is said to improve upon or block a feasible allocation if the members of that coalition are better off...


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About 5 pages (1,387 words) in 2 products |
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