Edgeworth Box
Price Line
Indifference Curve P1
Indifference Curve P2
Player 1 \(\alpha_1\): $$U({x_{11}},{x_{21}})={x_{11}}^{\alpha_1}{x_{21}}^{1-\alpha_1}$$
Player 1 Endowment Good 1 (\(\bar{\omega}_{11}\)):
Player 1 Endowment Good 2 (\(\bar{\omega}_{21}\)):
Relative Price of Good 1:
Reset Parameters
Offer Curves
Price Line
Indifference Curve P1
Offer Curve P1
Indifference Curve P2
Offer Curve P2
Player 1 Endowment Good 1 (\(\bar{\omega}_{11}\)):
Player 1 Endowment Good 2 (\(\bar{\omega}_{21}\)):
Relative Price of Good 1:
Reset Parameters
Welfare
Pareto Set
Contract Curve
Player 1 \(\alpha_1\): $$U({x_{11}},{x_{21}})={x_{11}}^{\alpha_1}{x_{21}}^{1-\alpha_1}$$
Player 1 Endowment Good 1 (\(\bar{\omega}_{11}\)):
Player 1 Endowment Good 2 (\(\bar{\omega}_{12}\)):
Reset Parameters