Arrow–Debreu Existence Theorem
GPTKB entity
Statements (20)
Predicate | Object |
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gptkbp:instanceOf |
gptkb:mathematical_concept
|
gptkbp:alsoKnownAs |
gptkb:Arrow–Debreu_model
|
gptkbp:assumes |
complete markets
convex preferences finite agents finite goods |
gptkbp:basisFor |
welfare economics
market equilibrium analysis |
gptkbp:field |
mathematical economics
general equilibrium theory |
gptkbp:formedBy |
gptkb:Kenneth_Arrow
gptkb:Gérard_Debreu |
https://www.w3.org/2000/01/rdf-schema#label |
Arrow–Debreu Existence Theorem
|
gptkbp:influenced |
modern economic theory
|
gptkbp:provenBy |
fixed-point theorem
|
gptkbp:publishedIn |
gptkb:Econometrica
|
gptkbp:state |
Under certain conditions, a general equilibrium exists in a competitive economy.
|
gptkbp:yearProposed |
1954
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gptkbp:bfsParent |
gptkb:General_Equilibrium_Theory
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gptkbp:bfsLayer |
7
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