This paper begins with an exposition and interpretation of the welfare optimum, defined in neoclassical economic theory as a heuristic device and a guide to policy, rather than as a description of the real world. In this view, a dynamic real-world economy is necessarily at variance with Walrasian equilibrium
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Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/mind-forgd-manacles-constraints-optimising-urban-transport-policy
[2] http://admin.indiaenvironmentportal.org.in/category/publisher/oecd
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vehicular-standards
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/transport
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/urban-transport
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/road-pricing
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
