ECONOMIC EQUILIBRIUM

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')

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Document Details

Document Type
Technical Report
Publication Date
Mar 31, 1966
Accession Number
AD0630666

Entities

People

  • Kenneth J. Arrow

Organizations

  • Stanford University

Tags

Communities of Interest

  • Energy and Power Technologies
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Commerce
  • Commodities
  • Contracts
  • Differential Equations
  • Economic Systems
  • Economics
  • Equations
  • Game Theory
  • Governments
  • Law
  • Mathematics
  • Money
  • Point Theorem
  • Security
  • Social Sciences
  • United States Government
  • Zero-Sum Games

Fields of Study

  • Economics

Readers

  • Library and Information Science
  • Mathematical Modeling and Probability Theory.
  • Theoretical Analysis.