Feasible reallocations All points in the box, including the boundary, represent feasible allocations of the combined endowments Which allocations will be blocked by one or both consumers? Which allocations make both consumers better off?
Feasible Reallocations All points in the box, including the boundary, represent feasible allocations of the combined endowments. Which allocations will be blocked by one or both consumers? Which allocations make both consumers better off?
Adding Preferences to the Box For consumer a X
Adding Preferences to the Box 2 A 1 A x A 2 x A 1 OA For consumer A
Adding Preferences to the Box For consumer a X More preferred
Adding Preferences to the Box 2 A 1 A x A 2 x A 1 For consumer A. OA
Adding Preferences to the Box For consumer B B OB B
Adding Preferences to the Box 2 B 1 B x B 2 x B 1 For consumer B. OB
Adding Preferences to the Box For consumer B lore preferred B OB B
Adding Preferences to the Box x B 2 x B 1 For consumer B. OB 2 B 1 B