The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Debreu, Gerard (1921–2004)

  • Lawrence E. Blume
Reference work entry


This article surveys the life and work of Gerard Debreu. Although his research was largely confined to general equilibrium theory and welfare economics, the influence of his work can be seen throughout contemporary economics.


Allais, M. Arrow, K.J. Competitive equilibrium Contingent commodities Contract curve Convexity Core Deadweight loss Debreu, G. Edgeworth, F.Y. Excess demand Existence of competitive equilibrium General equilibrium Incomplete markets Inverse function theorem Marginal rates of substitution Mathematical economics Models Multiple equilibria Natural preference models Optimality Risk aversion Sard’s theorem Savage’s subjective expected utility model Separating hyperplane theorem Social equilibrium Value theory Welfare economics 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Lawrence E. Blume
    • 1
  1. 1.