# Tag Info

Example. Each month, God gives Adam $60$ apples and Eve $40$ (for a total of $100$ apples). Let's write this allocation as $X=(60,40)$. The Devil now comes along and offers to increase their total monthly allotment of apples to $101$, but on the condition that the allocation must be $Y=(59,42)$. Observe: $X$ is Pareto efficient but not Kaldor-Hicks ...