Accession Number:

AD0630666

Title:

ECONOMIC EQUILIBRIUM

Descriptive Note:

Technical rept.

Corporate Author:

STANFORD UNIV CA INST FOR MATHEMATICAL STUDIES IN THE SOCIAL SCIENCES

Personal Author(s):

Report Date:

1966-03-31

Pagination or Media Count:

35.0

Abstract:

A brief history of the concept of general economic equilibrium is presented, with special emphasis on the development of the field since 1932. This is followed by a fairly detailed survey of the present known results on the existence of competitive equilibrium and briefer surveys of other topics, specifically the optimality of competitive equilibrium, the concept of the core, uniqueness of competitive equilibrium, stability, comparative statics, and equilibrium over time. Prepared for the International Encyclopedia of the Social Sciences

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE