Results 171 to 180 of about 20,185 (224)
Some of the next articles are maybe not open access.
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 ...
openaire +1 more source
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.
openaire +1 more source
2023
Cette étude vise à clarifier la signification du concept de « sympathie » de Léon Walras en le comparant à celui d'Adam Smith. Il a été souligné que l'analyse économique néoclassique néglige l'aspect désintéressé de la nature humaine. Walras, l'un des initiateurs de l'économie néoclassique, manquait-il de ce concept ? Walras a discuté de la « sympathie
openaire +1 more source
Cette étude vise à clarifier la signification du concept de « sympathie » de Léon Walras en le comparant à celui d'Adam Smith. Il a été souligné que l'analyse économique néoclassique néglige l'aspect désintéressé de la nature humaine. Walras, l'un des initiateurs de l'économie néoclassique, manquait-il de ce concept ? Walras a discuté de la « sympathie
openaire +1 more source
1987
The extension of Walras’s (1874–7) analysis from non-capitalistic production to the case of capitalistic production involved him in the introduction of four new sets of variables: the rate of net income, i, the l prices of the capital goods, P k , the l quantities of capital goods demanded, D k , and the total value of saving (in terms of the numeraire)
openaire +1 more source
The extension of Walras’s (1874–7) analysis from non-capitalistic production to the case of capitalistic production involved him in the introduction of four new sets of variables: the rate of net income, i, the l prices of the capital goods, P k , the l quantities of capital goods demanded, D k , and the total value of saving (in terms of the numeraire)
openaire +1 more source
1996
Walras's Market Models describes and evaluates Léon Walras's models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, this book differs from previous examinations of his work.
openaire +1 more source
Walras's Market Models describes and evaluates Léon Walras's models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, this book differs from previous examinations of his work.
openaire +1 more source
The Architectonics of Léon Walras
Kyklos, 1956In that fascinating area of surmise designated ‘the sociology of knowledge’ must lie answers to more than one seeming conundrum in the dynamics of economic doctrine. One day, perhaps, we shall know how a perspicacious Ricardo could have framed a theory whose pessimism derived from the neglect of a revolution in technology so thorough-going as to be ...
openaire +1 more source
General Equilibrium Theory - Walras versus post-Walras Economists: 'Finding Equilibrium' - Losing Economics [PDF]
, 2015 This paper shows that the post-Walras general equilibrium theory is irrelevant to real contemporary economic life. The main achievement of modern General Equilibrium Theory is the proof of equilibrium's existence. It might be that the proof of the equilibrium existence is a mathematical achievement, but the question is whether these proofs are ...
openaire +1 more source
2000
This chapter is meant to be a link between the mathematical economics of the first and that of the second half of the 20th century, bringing us into the more formalized and abstract parts of present days economic theory. For this, it is useful and interesting to consider again the input-output model presented in Ch.10, to solve first of all the ...
openaire +1 more source
This chapter is meant to be a link between the mathematical economics of the first and that of the second half of the 20th century, bringing us into the more formalized and abstract parts of present days economic theory. For this, it is useful and interesting to consider again the input-output model presented in Ch.10, to solve first of all the ...
openaire +1 more source
Eastern Economic Journal, 1995 Some standard interpretations of Leon Walras' political economy are challenged by a study of his philosophical and political ideas. Walras thought that his general-equilibrium theory was both a normative scheme and pure science. This "Walras paradox" is resolved by an understanding of the metaphysical ideas he borrowed from the French "eclectic ...
openaire