Abstract
The theory of economic equilibrium which is to be presented in this chapter is in essence the famous system of pure economics of Walras and Pareto. After setting out the main assumptions and then presenting the model, we shall discuss its pratical importance. However, it is useful to explain straight away the aim in view: we are essentially concerned to show by means of a very restrictive collection of assumptions the mutual compatibility of the behaviour of economic agents, and to study the origin and role of the price system.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Bibliography
Allais, Maurice, Traité d’économie pure, Imprimerie Nationale.
Allen, R. G. D., Mathematical Economics, Macmillan, London 1956.
Arrow, K. J. and Hurwicz, Leonid, ‘On the Stability of the Competitive Equilibrium I, Econometrica 26, No. 4, October 1958.
Arrow, K. J., Block, H. D., and Hurwicz, Leonid, ‘On the Stability of the Competitive Equilibrium II’, Econometrica 27, No. 1, January 1959.
Arrow, Kenneth, J. and Debreu, Gérard, ‘Existence of an Equilibrium for a Competitive Economy’, Econometrica 22, 265–290, July 1954.
Barre, Raymond, ‘La période dans l’analyse économique, une approche à l’étude du temps’, Collection l’Observation économique, Paris 1950.
Chamberlin, E. H., The Theory of Monopolistic Competition, fifth edition, Cambridge Massachussets, Harvard 1946.
Cournot, Augustin, Researches into the Mathematical Principles of the Theory of Wealth, Irwin, 1963.
Debreu, Gérard, ‘The Coefficient of Ressource Utilisation, Econometrica 19, 273–299, July 1951.
Debreu, Gérard, Theory of Value, Cowles foundation Monograph, Wiley, New York; French translation, Théorie de la valeur, Dunod Paris.
Dehem, Roger, Traité d’analyse économique, Dunod, Paris.
Dieterlen, Pierre, ‘La complémentarité antagoniste, instrument d’analyse économique. Le principe du dépassement’, Cahiers de l’LS.E.A., No. 103, July 1960, Serie M, No. 8.
Dumontier, J., Équilibre physique, équilibre biologique, équilibre économique, Paris P.U.F., 1949.
Ezekiel, M., ‘The Cobweb Theorem’, The Quarterly Journal of Economics, February 1938, p. 255.
Fayette, Jacques R., Éléments d’économie axiomatique. Cours polycopié, École Pratique des Hautes Études.
Fellner, William, ‘Prices and Wages under Bilateral Monopoly’, The Quarterly Journal of Economics, August 1947.
Fellner, William, Competition Among the Few, Knopf, New York 1949.
Guitton, Henri, Essai sur la loi de King, Sirey, 1938.
Henderson, J. M. and Quandt, R. E., Microeconomic Theory.
Hicks, J. R., Value and Capital, Oxford University Press, 2nd ed. 1946.
Kuenne, Robert E., The Theory of General Economic Equilibrium, Princeton University Press, 1963.
Lange, Oscar, ‘The Foundations of Welfare Economics’, Econometrica 10, 215–228, July-October 1942.
Lutfalla, Michel, L’état stationnaire, Collection Techniques économiques modernes. Série Analyse économique, Gauthier-Villars, Paris 1964.
Marchal, Jean, Le mécanisme des prix, Librairie de Médicis, 3rd edition, 1950. Marshall, Alfred, Principles of Economics, 8th edition, Macmillan, London.
Von Neumann, J. and Morgenstern, Oskar, Theory of Games and Economic Behaviour, Princeton University Press, 2nd edition, 1947.
Pareto, Vilfredo, Manuel d’Économie Politique, English trans. by Anne Schwein, ed. Alfred N. Page, 1969.
Pareto, Vilfredo, Cours d’Économie politique, new edition by G. H. Bousquet and G. Busino, Librairie Droz, Genève 1964.
Perroux, François, ‘Concurrence et effet de domination’, Banque, May 1952. Pigou, A. C., Economics of Welfare.
Ricardo, David, Principles of Political Economy, édition Stroffa, Cambridge 1951.
Robinson, Joan, The Economics of Imperfect Competition, Macmillan, London 1933.
Rueff, Jacques, L’ordre social, Librairie de Médicis, Paris 1949.
Samuelson, P. A., Foundations of Economic Analysis, Cambridge Harvard University Press, 1955.
Samuelson, P. A., Economics, McGraw Hill, 8th ed. 1970.
Smith, Adam, Recherches sur la nature et les causes de la richesse des nations. French translation, Gamier.
Von Stackelberg, Marktform und gleichgewicht, Berlin 1934.
Walras, Leon, Elements of Pure Economics, English trans. by William Jaffe, Kelley, 1954.
Rights and permissions
Copyright information
© 1973 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Abraham, C., Thomas, A. (1973). Economic Equilibrium. In: Micro-Economics. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-2267-4_3
Download citation
DOI: https://doi.org/10.1007/978-94-017-2267-4_3
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-017-2269-8
Online ISBN: 978-94-017-2267-4
eBook Packages: Springer Book Archive