contract curve

Definitions (2)

1. In an Edgeworth Box for consumption, the allocations of 2 goods to 2 consumers that are Pareto efficient. Starting with an allocation that may not be on the contract curve, it shows the ways that the consumers might contract to exchange the goods with each other.
2. In an Edgeworth Box for production, this name is sometimes also used for the efficiency locus.
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contract carrier contract for deed