Flawed Foundations of General Equilibrium Theory
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A01=Alejandro Nadal
A01=Frank Ackerman
A01=Kevin P. Gallagher
ackerman
Aggregate Excess Demand Function
Arrow Debreu Model
arrowdebreu
Author_Alejandro Nadal
Author_Frank Ackerman
Author_Kevin P. Gallagher
Category=KCA
Category=KCB
CGE Model
competitive
Computable General Equilibrium
economic methodology
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Excess Demand
Fixed Point Theorem
frank
General Competitive Equilibrium
General Equilibrium
General Equilibrium Theory
heterodox economics
Humpback Whales
Impartial Spectator
Invisible Hand Explanation
Invisible Hand Process
market equilibrium analysis
mathematical models in economics
microeconomic modelling
model
Monetary Temporary Equilibrium
Mundell Fleming Model
Nonuse Values
Open Economy Model
Overlapping Generations Model
Positive Excess Demand
possibility
price
price formation theory
Price Vector
production
Production Possibility Sets
Property P1 P3
sets
SMD Theorem
Static Comparative Advantage
supply and demand critique
vector
Walras's Law
Walras’s Law
Product details
- ISBN 9780415700016
- Weight: 600g
- Dimensions: 156 x 234mm
- Publication Date: 24 Jun 2004
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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This book, as the title suggests, explains how General equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its counterfactual assumptions taken for granted, it fails on many levels. Under the impressive editorship of Ackerman and Nadal, this book will appeal to students and researchers in economics and related social science disciplines.
Frank Ackerman, Alejandro Nadal, Kevin P. Gallagher
