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Landmark Papers in General Equilibrium Theory, Social Choice and Welfare Selected by Kenneth J. Arrow and Gérard Debreu
Kenneth Arrow and Gerard Debreu have throughout their careers continuously produced ideas at the very frontier of economics. Together, they have made unparalleled contributions on …
General Equilibrium Theory of Value
The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in …
General Equilibrium Theory of Value
The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in …
The Flawed Foundations of General Equilibrium Theory
This book, as the title suggests, explains how General equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its …
Computational Aspects of General Equilibrium Theory
This monograph presents a general equilibrium methodology for microeconomic policy analysis. It is intended to serve as an alternative to the now classical, axiomatic general …
Essays in Dynamic General Equilibrium Theory
In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of …
General Equilibrium: Theory And Evidence
General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about …
Some Aspects of the Foundations of General Equilibrium Theory
In a wide number of economic problems the equilibrium values of the variables can be regarded as solutions of a parametrized constrained maximization problem. This occurs in static …
Flawed Foundations of General Equilibrium Theory
This book, as the title suggests, explains how General equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its …
Classical General Equilibrium Theory
Although general equilibrium theory originated in the late nineteenth century, modern elaboration and development of the theory began only in the 1930s and 1940s. This book focuses …