Walrasian economics

GPTKB entity

Statements (63)
Predicate Object
gptkbp:instanceOf economic theory
gptkbp:analyzes market behavior
supply and demand
gptkbp:claims perfect competition
gptkbp:contributedTo welfare economics
gptkbp:developedBy gptkb:Léon_Walras
gptkbp:focusesOn general equilibrium
https://www.w3.org/2000/01/rdf-schema#label Walrasian economics
gptkbp:includes profit maximization
utility maximization
gptkbp:is_studied_in resource allocation
gptkbp:isAssociatedWith gptkb:Walras'_law
competitive equilibrium
gptkbp:isAvenueFor international trade
public policy
microeconomics
market structures
gptkbp:isChallengedBy behavioral economics
gptkbp:isCitedBy gptkb:post-Keynesian_economics
Keynesian economics
gptkbp:isConnectedTo game theory
social welfare functions
price theory
gptkbp:isConsidered foundational in economics
gptkbp:isCriticizedFor lack of empirical support
unrealistic assumptions
gptkbp:isDiscussedIn academic journals
economic analysts
economic forums
economic theorists
gptkbp:isExaminedBy gptkb:Walrasian_auctioneer
case studies
empirical studies
economic modeling
economic simulations
gptkbp:isExploredIn economic research
economic history
economic modeling techniques
gptkbp:isInfluencedBy gptkb:Austrian_economics
policy formulation
economic thought
marginalism
gptkbp:isLinkedTo economic efficiency
economic equilibrium
consumer choice theory
gptkbp:isPartOf neoclassical economics
economic literature
gptkbp:isReflectedIn economic policies
market outcomes
price mechanisms
gptkbp:isRelatedTo Pareto efficiency
market efficiency
market dynamics
market clearing
gptkbp:isStudiedIn economic theory courses
gptkbp:isTaughtIn universities
gptkbp:isUsedIn policy analysis
gptkbp:isUtilizedFor economists
policy makers
gptkbp:isUtilizedIn financial markets
gptkbp:isValuedFor neglect of market imperfections
overemphasis on equilibrium
gptkbp:utilizes mathematical models