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standards that informed most advances in economic theory. The public emergence of this community was manifest at a conference …
Persistent link: https://www.econbiz.de/10010710628
standards that informed most advances in economic theory. The public emergence of this community was manifest at a conference …
Persistent link: https://www.econbiz.de/10011592201
standards that informed most advances in economic theory. The public emergence of this community was manifest at a conference …
Persistent link: https://www.econbiz.de/10010671578
standards that informed most advances in economic theory. The public emergence of this community was manifest at a conference …
Persistent link: https://www.econbiz.de/10012669390
standards that informed most advances in economic theory. The public emergence of this community was manifest at a conference …
Persistent link: https://www.econbiz.de/10013081094
This paper shows that the post-Walras general equilibrium theory is irrelevant to real contemporary economic life. The … main achievement of modern General Equilibrium Theory is the proof of equilibrium's existence. It might be that the proof … the economic situation in reality. This paper traces concisely how Walras's theory has been became causing economic …
Persistent link: https://www.econbiz.de/10012012130
In fall 1935, Abraham Wald presented a fixed-point proof of a general equilibrium model to Karl Menger's Mathematical Colloquium in Vienna. Due to limited space, the paper could not be printed in the eighth proceedings of the Colloquium (the Ergebnisse) published in spring 1937 but was scheduled...
Persistent link: https://www.econbiz.de/10011602942
characterized by flows of material and energy. To derive ecosystem prices the mathematical structure of Koopmans' economic linear …
Persistent link: https://www.econbiz.de/10010467693
Historians of the social sciences and historians of economics have come to agree that, in the United States, the 1940s transformation of economics from political economy to economic science was associated with economists’ engagements with other disciplines – e.g. mathematics, statistics,...
Persistent link: https://www.econbiz.de/10011524191
This paper discusses why mathematical economists of the early Cold War period favored formal-axiomatic over behavioral choice theories. One reason was that formal-axiomatic theories allowed mathematical economists to improve the conceptual and theoretical foundations of economics and thereby to...
Persistent link: https://www.econbiz.de/10011759791