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GENERAL EQUILIBRIUM THEORY

By Gérard Debreu (Editor)
Hardcover
$1,182.00
By Gérard Debreu (Editor)
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General Equilibrium Theory has been one of the major intellectual developments in economics during the past half-century. The theory of general equilibrium is centred on an inquiry about human societies which has several of the characteristics of a fundamental scientific question. In an economy, a multitude of agents produce, exchange, and consume a large number of commodities. Their decisions are independent of each other and dictated by self-interest. Attempting to answer the question 'Wh...

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