Results 71 to 80 of about 707 (178)

General Theorizing and Historical Specificity in the 'Keynes Versus the Classics' Dispute. [PDF]

East Econ J, 2021
Togati TD.
europepmc   +1 more source

Marshall and Walras : Incompatible Bedfellows ? [PDF]

The standard view about the relation between the Marshallian and the Walrasian approaches is that they are complementary to each other. My aim in this paper is to show that, on the contrary, they constitute alternative sub-research programs within the ...
Michel DE VROEY
core  

Paradoxes of Perfect Foresight in General Equilibrium Theory [PDF]

Intertemporal General Equilibrium Theory cannot be used to settle the Capital Controversy. The device of using dated commodities to avoid dynamic analysis excludes, artificially, strategic behaviour. The auctioneer plays an unsuspectedly stronger role in
Johnson, Joseph
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Three Lectures on the Walrasian Hypotheses for Exchange Economies [PDF]

This paper discusses the testable implications of the Walrasian hypotheses: H1 Observed market demand is the sum of consumer's demands derived from utility maximization subject to budget constraints.
Donald J. Brown
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Adjustment Processes Within Economic Evolution - Schumpeterian Approach. [PDF]

J Knowl Econ, 2022
Lipieta A, Lipieta A.
europepmc   +1 more source

Convergence in the Finite Cournot Oligopoly with Social and Individual Learning [PDF]

Convergence to the Nash equilibrium in a Cournot oligopoly is a question that recurrently arises as a subject of controversy in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with ...
Murat Yildizoglu, Thomas Vallée
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Marshall versus Walras on Equilibrium and Time [PDF]

The aim of this paper is to ponder upon Marshall’s conception of equilibrium and to confront it withWalras’s. In a first section, I present a rational reconstruction of the Marshallian conception.
Michel De Vroey
core  

A Model of Panic Buying and Workforce under COVID-19. [PDF]

Int J Environ Res Public Health, 2022
He G, Hu Z.
europepmc   +1 more source

Overdemand and underdemand in economies with indivisible goods and unit demand [PDF]

We study an economy where a collection of indivisible goods are sold to a set of buyers who want to buy at most one good. We characterize the set of Walrasian equilibrium price vectors in such an economy using sets of overdemanded and underdemanded goods.
Dolf Talman, Debasis Mishra
core  

3Es for AI: Economics, Explanation, Epistemology. [PDF]

Front Artif Intell, 2022
Kaul N.
europepmc   +1 more source