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Talman, Dolf; Herings, P.J.J.; van der Laan, G. - Tilburg University, Center for Economic Research - 2001

Persistent link: https://www.econbiz.de/10011090907

A globally and universally stable quantity adjustment process for an exchange economy with price rigidities

Herings, P.J.J. - Tilburg University, Center for Economic Research - 1994

An exchange economy with fixed prices is considered. In this setting a Walrasian equilibrium generically does not exist …. In a so-called Dreze equilibrium rationing on excess demand and on excess supply of the non-numeraire commodities is …, equivalently, rationing schemes. The total excess demand as a function of the rationing schemes does not satisfy the assumptions …

Persistent link: https://www.econbiz.de/10011091903

A Kantian Critique of Antitrust: on Morality and Microsoft

White, Mark D. - In: Journal of Private Enterprise 22 (2007) Spring 2007, pp. 161-190

Persistent link: https://www.econbiz.de/10010833106

Clower's about-face regarding the "Keynesian Revolution"

Plassard, Romain - 2015

Robert W. Clower's article "The Keynesian Counter - Revolution: A Theoretical Appraisal" (1965) deeply influenced the course of Keynesian macroeconomics by contributing to the transition from IS/LM macroeconomics to fix - price theories. Des pite this influence, no scholar proposed to explain...

Persistent link: https://www.econbiz.de/10011602774

Principia Oeconomica 2: The Imperfections of the Economy or of Economics?

Rugina, Anghel N. - In: International Journal of Social Economics 15 (1988) 2, pp. 2-50

This is the second part of a long investigation under the title of, Principia Oeconomica; the first having appeared in this journal in 1986. The substance of the argument in this contribution is in the form of a dialogue with Henri Guitton, member of l'Institut de France and author of a book in...

Persistent link: https://www.econbiz.de/10014806680