Arbeitspapier
The Current Non-Status of General Equilibrium Theory
This paper argues that the abandonment of general equilibrium theory by microeconomists was a mistake. It provides counter arguments to two of the reasons for that abandonment - lack of both generality and consistency with methodological individualism in uniqueness and stability analysis of equilibria - and urges microeconomists to refocus some of their attention on it.
- Sprache
-
Englisch
- Erschienen in
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Series: Working Paper ; No. 2004-10
- Klassifikation
-
Wirtschaft
General Equilibrium and Disequilibrium: General
- Thema
-
general equilibrium theory
price determination
methodological individualism
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Katzner, Donald W.
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Massachusetts, Department of Economics
- (wo)
-
Amherst, MA
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Katzner, Donald W.
- University of Massachusetts, Department of Economics
Entstanden
- 2004