Walrasian general equilibrium theory
GPTKB entity
Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
general equilibrium theory
|
| gptkbp:analyzes |
allocation of resources
|
| gptkbp:assumes |
perfect competition
rational agents complete markets |
| gptkbp:basisFor |
neoclassical economics
microeconomic theory computable general equilibrium models |
| gptkbp:criticizedFor |
gptkb:Keynesian_economics
unrealistic assumptions |
| gptkbp:describes |
simultaneous equilibrium in all markets
|
| https://www.w3.org/2000/01/rdf-schema#label |
Walrasian general equilibrium theory
|
| gptkbp:influenced |
gptkb:Arrow–Debreu_model
|
| gptkbp:introducedIn |
1874
|
| gptkbp:namedAfter |
gptkb:Léon_Walras
|
| gptkbp:publishedIn |
gptkb:Éléments_d'économie_politique_pure
|
| gptkbp:relatedTo |
gptkb:Pareto_efficiency
first welfare theorem second welfare theorem |
| gptkbp:studiedBy |
mathematical economists
economic theorists |
| gptkbp:studies |
market clearing
price formation |
| gptkbp:uses |
mathematical models
|
| gptkbp:bfsParent |
gptkb:Lange_Model
|
| gptkbp:bfsLayer |
7
|