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General Equilibrium Theory

The International Library of Critical Writings in Economics Series 67

Edited by Gerard Debreu
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 8th Aug 1996
Dimensions: w 244mm h 169mm d 20mm
Weight: 3350g
ISBN-10: 1852784172
ISBN-13: 9781852784171
Barcode No: 9781852784171
Synopsis
General Equilibrium Theory has been one of the major intellectual developments in economics during the past half-century. The theory of general equilibrium is centred on an inquiry about human societies which has several of the characteristics of a fundamental scientific question. In an economy, a multitude of agents produce, exchange, and consume a large number of commodities. Their decisions are independent of each other and dictated by self-interest. Attempting to answer the question 'Why is social chaos not the result?' has required an intensive research effort by several generations of leading economists. This important three volume set gathers together many of the articles that have played an influential role in the history of ideas in the general equilibrium area in the contemporary period.

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