Walrasian tâtonnement

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf gptkb:economic_theory_concept
gptkbp:aimsToFind market equilibrium prices
gptkbp:assumes no trade out of equilibrium
gptkbp:contrastsWith non-tâtonnement processes
gptkbp:criticizedFor lack of realism
gptkbp:describedBy gptkb:Léon_Walras
gptkbp:describes price adjustment process
gptkbp:influenced modern equilibrium analysis
gptkbp:involves gptkb:market
gptkbp:originatedIn gptkb:19th_century
gptkbp:relatedTo general equilibrium theory
gptkbp:usedIn mathematical economics
microeconomics
gptkbp:bfsParent gptkb:Walrasian_auction
gptkbp:bfsLayer 7
https://www.w3.org/2000/01/rdf-schema#label Walrasian tâtonnement

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