Results 261 to 270 of about 99,564 (312)

Dynamics in General Equilibrium Theory

1980
I find myself something of an outsider in writing a paper like this; and for a mathematician to write a paper with no technical mathematics is a real (but very constructive) confrontation with the problem of communication. What I hope to achieve here is to convey some of my ideas on the relation between dynamics and the traditionally static, economic ...
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money and general equilibrium theory

1987
Taking general equilibrium theory to be the model introduced by its founder, the topic of money and general equilibrium theory is as old as the subject itself. In the Preface to the fourth edition of the Elements, Walras wrote: ‘Chiefly, however, it was my theory of money that underwent the most important chnges as a result of my research on the ...
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General Equilibrium Trade Theory

2013
Since the inception of the study of international trade, the most common modeling framework has been that of perfect competition and of general equilibrium. While the recent development of what has been called the ‘new trade theory’ has led to the analysis of trade issues in models involving imperfect competition, including monopolistic competition and
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GENERAL EQUILIBRIUM THEORY

General Equilibrium Theory has been one of the major intellectual developments in economics during the past half-century. The theory of general equilibrium is centred on an inquiry about human societies which has several of the characteristics of a fundamental scientific question.
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Neoclassical General-Equilibrium Theory

1979
In this chapter we deal with the over-all structure of general-equilibrium theory. Little emphasis is placed on the distributional aspects of this theory; these are dealt with in the following chapter. The approach is intuitive rather than rigorous, as befits an introduction to the subject.
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Widening General Equilibrium Theory

2000
Both in § 1.3 and in Ch.3 we have already dealt with one period competitive general equilibrium, Walrasian general equilibrium for short. It is now time to consider a very important extension of this theory to a sequence of time periods, by presenting a framework known as temporary competitive general equilibrium, or temporary equilibrium for short ...
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Classical General Equilibrium Theory

2002
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 on the version of the theory developed in the second half of the twentieth century, referred to by Lionel McKenzie as the classical general equilibrium theory.
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Advances in General Equilibrium Theory

1997
Advances in General Equilibrium Theory presents a new approach to the construction of general equilibrium models. It considers the methods that should be adapted and some of the principal subjects with which general equilibrium modelling should be concerned in order to convert it into a useful body of knowledge.
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General Equilibrium Theory — An Empirical Theory?

1982
I) Two basic reasons seem to make dealing with the General Equilibrium Theory (GET) attractive for the philosopher of science. First, it is an axiomatic and mathematically demanding theory, a matter that facilitates the business of logical analysis.
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General Equilibrium: Theory and Evidence

Economic Record, 2012
The article reviews the book "General Equilibrium: Theory and Evidence," by W. D. A. Bryant.
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