Results 81 to 90 of about 20,185 (224)

Unemployment: Walras’s voluntary and Keynes’s involuntary [PDF]

open access: yesEquilibrium, 2016
This paper shows that Keynes’s involuntary unemployment derives from Walras’s voluntary unemployment by means of changing the characteristic of the aggregate supply curve (function) of labour. On the one hand, when the original aggregate supply function is a strong-ly increasing function, as in Walras’s approach, there might only be voluntary ...
openaire   +3 more sources

Noncooperative Oligopoly in Markets with a Continuum of Traders [PDF]

open access: yes
In this paper, we study three prototypical models of noncooperative oligopoly in markets with a continuum of traders : the model of Cournot-Walras equilibrium of Codognato and Gabszewicz (1991), the model of Cournot-Nash equilibrium of Lloyd S.
Busetto, Francesca   +2 more
core  

Fundamentos do modelo macroeconômico neoclásico Pré-Keynesiano

open access: yesRevista de Economia Mackenzie, 2004
This article means to bring out the basic ideas and foundaments of one of the major schools of macroeconomic thought: the pre-keynesian neoclassical model.
Ulisses Ruiz de Gamboa
doaj  

Existence of General Competitive Equilibria: A Variational Approach

open access: yesAbstract and Applied Analysis, 2016
We study the existence of general competitive equilibria in economies with agents and goods in a finite number. We show that there exists a Walras competitive equilibrium in all ownership private economies such that, for all consumers, initial endowments
G. Anello, F. Rania
doaj   +1 more source

From Nash to Walras via Shapley-Shubik [PDF]

open access: yes
We derive the existence of a Walras equilibrium directly from Nash's theorem on noncooperative games. No price player is involved, nor are generalized games.
John Geanakoplos, Pradeep Dubey
core  

On the Right Side for the Wrong Reason : Friedman on the Marshall-Walras divide [PDF]

open access: yes
The aim of this article is to assess Friedman’s claim, put forward in his 1949 article on the Marshallian demand curve, that there is a methodological divide between the Marshallian and Walrasian approaches.
Michel, DE VROEY
core  

Indivisible Goods and Fiat Money [PDF]

open access: yes
In spite of fiat money is useless in a standard Arrow-Debreu model, in this paper we will show that this does not hold true anymore when goods are indivisible.
Jorge Rivera, Michael Florig
core  

Value and prices in Russian economic thought (1890-1920)

open access: yesErasmus Journal for Philosophy and Economics, 2013
François Allisson
doaj   +1 more source

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