The Edgeworth Box Basics Explained in 3 Minutes

[@Bill_in_your_econ_models]

Thank you for flipping Dave's graph and not mine. Useful video on a more serious not!

[@InCaseofEconStruggles]

I’m glad this is helpful!

[@NG_GN]

hi, thank you for the video, can you show "each Walrasian equilibrium allocation is a barter equilibrium allocation, but not vice-versa"

[@InCaseofEconStruggles]

I’m glad you liked the video and it was helpful! Are you also looking for a first welfare theorem explanation with that or just that every Pareto optimal allocation is not necessarily possible in the competitive equilibrium?

[@InCaseofEconStruggles]

Just because you can use a price equilibrium with transfers to sometimes get to a Pareto optimal allocation even if a pure walrasian equilibrium won’t get you to that Pareto optimal allocation

[@NG_GN]

@@InCaseofEconStruggles thank you for your answer, however, I still struggle to make the conclusion, would you mind making a short video regarding this?

[@InCaseofEconStruggles]

@NG_GN sorry I’m trying to clarify if you just want a short video on that not all competitive equilibrium are Pareto optimal or also want the subtle explanation of what can make them be Pareto optimal?

[@NG_GN]

@@InCaseofEconStruggles the latter one, thank you in advance for doing this :)