The Elements of General Equilibrium Theory

نویسنده

  • Herbert E. Scarf
چکیده

The lecture will be an introduction to the model of economic equilibrium. The basic concepts: preferences, initial endowments and market clearing prices will discussed in general and by means of examples. I will indicate how fixed point theorems are used to demonstrate the existence of equilibrium prices and sketch an algorithm for Brouwers theorem. If time permits, there will be some remarks on equilibrium models with production. C. Papadimitriou and S. Zhang (Eds.): WINE 2008, LNCS 5385, p. 18, 2008. c © Springer-Verlag Berlin Heidelberg 2008

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تاریخ انتشار 2008