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On Walras's Concept of Equilibrium / Ariel Dvoskin & Andrés Lazzarini
(Review of political economy ; Volume 25, Number 1)
出版者 | (London : Routledge) |
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出版年 | 2013 |
大きさ | 1 online resource (pages 117-138) |
著者標目 | *Dvoskin, Ariel author Lazzarini, Andre author |
件 名 | LCSH:Economics -- History
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一般注記 | Includes bibliographical references The view that Walras's equilibrium concept refers to a temporary general equilibrium with stationary expectations has come to be the conventional opinion within the history of economics. This interpretation overlooks salient aspects of Walras's original equilibrium concept: (i) that it refers to a centre of gravitation, thus equilibrium must be assessed together with the adjustment mechanisms that are supposed to bring the economy towards its position of rest; (ii) that it attempts to represent a persistent position of the economic variables; and (iii) that it must not be regarded as a mere artificial model disconnected from reality, but as a device to understand how actual economies work. We therefore conclude that the scope of Walras's work can be better grasped by interpreting his equilibrium system as aiming to describe a long-period position of the economy HTTP:URL=https://www.routledgehistoricalresources.com/economic-thought/journal-articles/on-walrass-concept-of-equilibrium |
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電子ブック | オンライン | 電子ブック |
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ラウトレッジ経済思想史データベース |
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EB00104733 |
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データ種別 | 電子ブック |
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書誌ID | 4000113574 |
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