-
(3 fourths log 2) (one quarter log 1) that's the welfare of A,
-
and the welfare of B will be (2 thirds log 1) (1 third log 2),
-
and the welfare of B will be (2 thirds log 1) (1 third log 2),
-
so that'll be some point here.
-
so that'll be some point here.
-
So this is welfare B, welfare A at initial endowment.
-
So this is welfare B, welfare A at initial endowment.
-
And then if you look at the welfare at the final allocation,
-
And then if you look at the welfare at the final allocation,
-
so, (3 fourths log 9 fifths) (1 quarter log 3 halves) you know
-
so, (3 fourths log 9 fifths) (1 quarter log 3 halves) you know
-
it's going to be something like this.