Abstract
The founding father of general equilibrium theory is Walras (1874–77), whose main contribution has already been considered in § 1.3, and expounded in various chapters of the first part of this book. The purpose is now to present a modern version of the competitive general equilibrium theory as formulated, in Econometrica 1954, by the mathematical economists Arrow, Debreu and McKenzie.
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© 2000 Springer-Verlag Berlin Heidelberg
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Nicola, P. (2000). General Competitive Equilibrium. In: Mainstream Mathematical Economics in the 20th Century. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04238-0_16
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DOI: https://doi.org/10.1007/978-3-662-04238-0_16
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-08638-0
Online ISBN: 978-3-662-04238-0
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