Walras Economics
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General Equilibrium Analysis
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Author : Pascal Bridel
language : en
Publisher: Routledge
Release Date : 2013-03-01
General Equilibrium Analysis written by Pascal Bridel and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-01 with Business & Economics categories.
2010 marks the hundredth anniversary of the death of Léon Walras, the brilliant originator and first formaliser of general equilibrium theory – one of the pillars of modern economic theory. In advancing much derided practical solutions Walras also displayed more concern for the problems of living in a second best world than is common in modern pure theories of the invisible hand, efficient market hypothesis, DSGE macroeconomics or the thinking of some contemporary free market admirers all based on general equilibrium theory. This book brings contributions from the likes of Kenneth Arrow, Alan Kirman, Richard Posner, Amartya Sen and Robert Solow to share their thoughts and reflections on the theoretical heritage of Léon Walras. Some authors reminisce on the part they played in the development of modern general economics theory; others reflect on the crucial part played by general equilibrium in the development of macroeconomics, microeconomics, growth theory, welfare economics and the theory of justice; others still complain about the wrong path economic theory took under the influence of post 1945 developments in general equilibrium theory.
Walrasian Economics
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Author : Donald A. Walker
language : en
Publisher: Cambridge University Press
Release Date : 2006-01-16
Walrasian Economics written by Donald A. Walker and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-16 with Business & Economics categories.
In order to understand the various strands of general equilibrium theory, why it has taken the forms that it has since the time of Léon 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.
L On Walras S Economic Thought
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Author : Kayoko Misaki
language : en
Publisher: Taylor & Francis
Release Date : 2023-12-05
L On Walras S Economic Thought written by Kayoko Misaki and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-05 with Business & Economics categories.
This book sheds new light on the general equilibrium theory of Léon Walras (1834–1910) from a historical perspective. Walras's construction of general equilibrium theory marked the dawn of modern economics, and the theory was greatly developed in the 20th century. However, Walras's own intentions and ideas behind the theory are still not fully understood. This book aims to clarify the intellectual background of Walras’s economics by delving into his original writings, which have not received much attention until now. Part 1 of the book reconsiders the relationship between Walras and his predecessors, Adam Smith (1723–1790), Jean-Baptiste Say (1767–1832), and Achylle Nicolas Isnard (1749–1803), who are believed to have had a decisive influence on Walras's general equilibrium theory. In Part 2, the book explores Walras's views on the labor market, entrepreneurship, and non-selfish human nature, including concepts like sympathy, which have been overlooked in his general equilibrium theory and subsequently misunderstood to this day. Walras’s economic thought is one of the foundational sources of modern economics. An accurate and in-depth understanding of it will provide a new perspective on the problems faced by modern economics and open future possibilities for economics as a social science. This book offers new insights not only to researchers and students of the history of economics but also to all those interested in the origins of modern economics.
Walras Economics
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Author : Michio Morishima
language : en
Publisher: Cambridge University Press
Release Date : 1981-09-03
Walras Economics written by Michio Morishima and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981-09-03 with Business & Economics categories.
Originally published in 1977, this book is a companion to Professor Morishima's book Marx's Economics which was published in 1973. As he did so successfully with Marx, Morishima intended with this book to change the standard assessment of his subject's contribution to the development of economic thought. The standard view was that Walras provided, in the second half of the nineteenth century, the basis for general equilibrium theory. He was thus regarded as a microeconomist, a founder of marginalism; but Morishima argues that, while Walras certainly made important contributions in that area, it is his attempt to build a macroeconomics on that foundation that should be regarded as his main achievement. This book will provoke great interest amongst all economists and advanced students of economic theory and its history.
From Walras To Pareto
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Author : Jürgen Backhaus
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-12-15
From Walras To Pareto written by Jürgen Backhaus and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-15 with Business & Economics categories.
In this thought-provoking collection, ten international scholars offer reflections and new interpretations of Walras’ and Pareto’s unique contributions to topics including the importance of the social sciences, the development of modern microeconomics and econometrics, political economy and public choice, and political sociology. Their insights will interest researchers and scholars of economic history, political sociology, and the social sciences.
The Equilibrium Economics Of Leon Walras
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Author : Albert Jolink
language : en
Publisher: Routledge
Release Date : 1993-09-02
The Equilibrium Economics Of Leon Walras written by Albert Jolink and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-09-02 with Business & Economics categories.
The existing literature on Walras has focused on his Elements of Pure Economics to an extent which has unbalanced our view of his work. Jan van Daal and Albert Jolink pay very careful attention to Walras' general equilibrium models, tracing their development through the five editions of his Elements. But they also place his equilibrium exercises in a broader context, arguing that these models should be considered as an instrument in Walras' design for optimal economic order.
Leon Walras S Elements Of Theoretical Economics
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Author : Léon Walras
language : en
Publisher: Cambridge University Press
Release Date : 2014-10-23
Leon Walras S Elements Of Theoretical Economics written by Léon Walras and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-23 with Business & Economics categories.
This is an English translation of the third edition (1896) of León Walras' Elements of Theoretical Economics. The translators of the work undertook this project for three reasons. First, this edition is Walras's best theoretical work. Second, the two subsequent editions contain new elements that spoil his previous work; furthermore, important parts of the third edition do not appear in the subsequent editions. Third, William Jaffé's translation (1954) of the last edition is now outdated in the light of recent research on Walras's ideas; furthermore, Jaffé's terminology in the parts shared by the third and subsequent editions is not always accurate.
The Evolutionist Economics Of Leon Walras
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Author : Albert Jolink
language : en
Publisher: Routledge
Release Date : 2005-08-18
The Evolutionist Economics Of Leon Walras written by Albert Jolink and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-18 with Business & Economics categories.
This study offers a new perspective of Walras' pure, applied and social economics. Through archival research at the University of Lausanne, Jolink considers Walras' ideas on philosophy and philosophy of science based on a newly constructed taxonomy. Walras' work is placed in a broader context by stressing the nineteenth century cultural and historical background in which he lived. This further gives an insight into the relationship between the romanticism of the early nineteenth century and logical positivism of the twentieth century.
Studies In Applied Economics
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Author : Léon Walras
language : en
Publisher: Routledge
Release Date : 2008-01-28
Studies In Applied Economics written by Léon Walras and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-28 with Business & Economics categories.
First Published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.
L On Walras S Economic Thought
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Author : Kayoko Misaki
language : en
Publisher:
Release Date : 2024
L On Walras S Economic Thought written by Kayoko Misaki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024 with Economics categories.
"This book sheds new light on the general equilibrium theory of Léon Walras (1834-1910) from a historical perspective. Walras's construction of general equilibrium theory marked the dawn of modern economics, and the theory was greatly developed in the 20th century. However, Walras's own intentions and ideas behind the theory are still not fully understood. This book aims to clarify the intellectual background of Walras's economics by delving into his original writings, which have not received much attention until now. Part 1 of the book reconsiders the relationship between Walras and his predecessors, Adam Smith (1723-1790), Jean-Baptiste Say (1767-1832), and Achylle Nicolas Isnard (1749-1803), who are believed to have had a decisive influence on Walras's general equilibrium theory. In Part 2, the book explores Walras's views on the labor market, entrepreneurship, and non-selfish human nature, including concepts like sympathy, which have been overlooked in his general equilibrium theory and subsequently misunderstood to this day. Walras's economic thought is one of the foundational sources of modern economics. An accurate and in-depth understanding of it will provide a new perspective on the problems faced by modern economics and open future possibilities for economics as a social science. This book offers new insights not only to researchers and students of the history of economics but also to all those interested in the origins of modern economics"--