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Financialization impedes climate change mitigation: Evidence from the early American solar industry. [PDF]
Jerneck M.
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H M Polemarchakis
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Journal of Economic Theory, 1984
This paper presents a general Equivalence Theorem of the core and the set of Walras equilibria of an exchange economy based on a Boolean algebra, the elements of which are thought of as coalitions. The Theorem comprises most previous Equivalence Theorems as special cases - whether in terms of allocations in an economy weighted by a \(\sigma\)-additive ...
Armstrong, Thomas E., Richter, Marcel K.
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This paper presents a general Equivalence Theorem of the core and the set of Walras equilibria of an exchange economy based on a Boolean algebra, the elements of which are thought of as coalitions. The Theorem comprises most previous Equivalence Theorems as special cases - whether in terms of allocations in an economy weighted by a \(\sigma\)-additive ...
Armstrong, Thomas E., Richter, Marcel K.
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European Journal of the History of Economic Thought, 2019
Leon Walras and the ordoliberals share the opinion that State intervention in favour of a competitive order is a central element of economic policy.
Roberto Baranzini, Raphaël Fevre
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Leon Walras and the ordoliberals share the opinion that State intervention in favour of a competitive order is a central element of economic policy.
Roberto Baranzini, Raphaël Fevre
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The Influence of Auguste Walras on Léon Walras
The American Journal of Economics and Sociology, 1981Abstract. Auguste Walras' interest in and contribution to economic theory were prompted mainly by his quest for a valid theory of property. After a critical analysis of the current theories of value, he singled out scarcity as the only significant cause of value.
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The Graph of the Walras Correspondence
Econometrica, 1975THE WALRAS CORRESPONDENCE associates the set equilibrium price vectors with an economy. The purpose of this paper is to study some topological properties of the graph of the Walras correspondence such as connectedness and contractibility. This is done once the graph is given the structure of a bundle.
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Walras's Theories of Tatonnement
Journal of Political Economy, 1987It is shown that Leon Walras developed two separate theories of tatonnement. One is a disequilibrium-production model. The other is a pledges model, in which transactions and production occur only at the equilibrium set of prices. These models are explained, and the manner in which they appear in the vari ous editions of Walras's Elements is used to ...
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