In section 3, we consider the case in which both types of individuals demand both goods, generalizing BD's preference structure, and derive the possible second-best allocations for this more general case.
BD proceed to derive the second-best frontier (SBF in Figure 1), on which the self-selection constraints are satisfied, and to characterize it (their Theorem 1).
Protectionist motives played no role in the conventional literature stated above, in particular in the development of the second-best foreign investment policies.
A preliminary task is to identify the pattern of trade that emerges from a conventional second-best foreign investment policy suggested in the literature.
New Delhi [India], July 6 ( ANI ): The All India Football Federation (AIFF) has congratulated the national team after they achieved their second-best FIFA Ranking ever by reaching the 96th spot.
India's best-ever FIFA Ranking till date stays 94 which was attained in February 1996, while 99 stayed India's second-best FIFA Ranking which was also achieved in November 1993.
. The second-best in the Football League at 'making fans feel valued'.
. Second-best in the Football League on value-for-money season-tickets.
"As a result, the Tory party's 14-pint skinhead has unwittingly become the BNP's second-best
HAAFHD was the second-best 2,000 Guineas winner of the past five years, according to Racing Post Flat handicapper Paul Curtis, but runner- up Snow Ridge could be the form horse going into the Derby, writes Andrew Scutts.
"Haafhd was the second-best winner in the last five years, according to my figures, behind King's Best, whom I rated 130.
The club, of which he had been a member, consisted of second-best
kids who started out playing pranks that eventually spun dangerously out of control.