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In order to understand the various strands of general equilibrium theory, why it has taken the forms that it has since the time of Léon Walras, and to appreciate fully a view of the state of general equilibrium theorising, it is essential to understand Walras's work and examine its influence. The first section of this 2006 book accordingly examines the foundations of Walras's work. These include his philosophical and methodological approach to economic modelling, his views on human nature, and the basic components of his general equilibrium models. The second section examines how the influence of his ideas has been manifested in the theorising of his successors, surveying the models of theorists such as H. L. Moore, Vilfredo Pareto, Knut Wicksell, Gustav Cassel, Abraham Wald, John von Neumann, J. R. Hicks, Kenneth Arrow, and Gerard Debreu. The treatment also examines models of many types in which Walras's influence is explicitly acknowledged.

Walras, Léon --- Equilibrium (Economics) --- Economics --- FR / France - Frankrijk --- 330.08 --- Economisten. --- DGE (Economics) --- Disequilibrium (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- SDGE (Economic theory) --- Statics and dynamics (Social sciences) --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economisten --- Walras, Léon, --- Walras, Marie Esprit Léon, --- Walras, Léon, --- Economics. --- Business, Economy and Management --- Walras, Léon, - 1834-1910 --- Walras, Leon,

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AA / International- internationaal --- 330.40 --- Selected papers from the History of Economics Society Conference 1987. --- NBB congres --- Geschiedenis van het economisch en sociaal denken --- Evolution historique de la pensée économique et sociale: généralités --- History of the economic and social thinking --- 330.40 Geschiedenis van het economisch en sociaal denken --- 330.40 Evolution historique de la pensée économique et sociale: généralités --- 330.40 History of the economic and social thinking --- Geschiedenis van het economisch en sociaal denken. --- Conferences - Meetings --- Selected papers from the History of Economics Society Conference 1987

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Equilibrium (Economics)

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In this book Dr Walker brings together Dr William Jaffé's essays on the important and interesting work of Léon Walras, the founder of general equilibrium analysis. The essays were selected on the basis of their importance to the Walrasian literature, in that they provide information on Walras's intellectual biography with which we would otherwise be unfamiliar or they make a contribution to the interpretation and analysis of his ideas. One of Jaffé's main interests was to explain the genesis of Walras's work, which he did by examining Walras's biography. Using a wide variety of sources, Jaffé pieced together an account of these matters in the belief that biography is essential for understanding the origins and development of a scientist's work. Jaffé corrected what he regarded as errors of interpretation of Walras by other writers, evaluated Walras's contributions, and indicated his significance for modern economics. The essays are informative, illuminating, and - as a result of Jaffé's scholarly and literary craftsmanship - aesthetically satisfying.

Walras, Léon --- Economists --- Biography --- Walras, Leon, --- Walras, Léon, --- Business, Economy and Management --- Economics --- Economists - Switzerland - Biography --- Walras, Léon, - 1834-1910 --- Walras, Léon, --- Social scientists --- Walras, Marie Esprit Léon,

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Money. Monetary policy --- Money --- money supply --- Economics