The First Fundamental Theorem of Welfare Economics holds for autonomy-complete competitive equilibria that are autonomy-Pareto efficient, with the classical version recovered in the low-autonomy limit.
In: Proceedings of the 36th Annual ACM Symposium on User Interface Software and Technology
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Post-AGI Economies: Autonomy and the First Fundamental Theorem of Welfare Economics
The First Fundamental Theorem of Welfare Economics holds for autonomy-complete competitive equilibria that are autonomy-Pareto efficient, with the classical version recovered in the low-autonomy limit.