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Walrasian Economics

Paperback / softback

Main Details

Title Walrasian Economics
Authors and Contributors      By (author) Donald A. Walker
Physical Properties
Format:Paperback / softback
Pages:368
Dimensions(mm): Height 229,Width 152
Category/GenreEconomic theory and philosophy
ISBN/Barcode 9780521394086
ClassificationsDewey:330.157
Audience
Professional & Vocational
Illustrations Worked examples or Exercises

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 21 July 2011
Publication Country United Kingdom

Description

In order to understand the various strands of general equilibrium theory, why it has taken the forms that it has since the time of Leon Walras, and to appreciate fully a view of the state of general equilibrium theorising, it is essential to understand Walras's work and examine its influence. The first section of this book accordingly examines the foundations of Walras's work. These include his philosophical and methodological approach to economic modelling, his views on human nature, and the basic components of his general equilibrium models. The second section examines how the influence of his ideas has been manifested in the theorising of his successors, surveying the models of theorists such as H. L. Moore, Vilfredo Pareto, Knut Wicksell, Gustav Cassel, Abraham Wald, John von Neumann, J. R. Hicks, Kenneth Arrow, and Gerard Debreu. The treatment also examines models of many types in which Walras's influence is explicitly acknowledged.