Leigh Tesfatsion Last Udated: 9/14/03 WALRASIAN EQUILIBRIUM: A CRITIQUE
| Title: | Leigh Tesfatsion Last Udated: 9/14/03 WALRASIAN EQUILIBRIUM: A CRITIQUE |
|---|---|
| Authors: | Key Questions |
| Contributors: | The Pennsylvania State University CiteSeerX Archives |
| Source: | http://www.econ.iastate.edu/tesfatsi/wal604.pdf. |
| Collection: | CiteSeerX |
| Description: | • What is a “Walrasian equilibrium”? • Is Walrasian equilibrium an appropriate benchmark of coordination success? What does coordination success mean? • How should an individual person’s “welfare ” be measured? • How should “social welfare ” be measured for an economy? • In what sense is social welfare “optimized ” in a Walrasian equilibrium? • How robust is the concept of Walrasian equilibrium to various weakenings of its assumptions? 1. |
| Document Type: | text |
| File Description: | application/pdf |
| Language: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.198.407; http://www.econ.iastate.edu/tesfatsi/wal604.pdf |
| Availability: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.198.407; http://www.econ.iastate.edu/tesfatsi/wal604.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| Accession Number: | edsbas.69FCF67D |
| Database: | BASE |