Stabilizing consumer choice: the role of 'true dynamic stability' and related concepts in the history of consumer choice theory.

It is often argued that the inability of Arrow-Debreu general equilibrium theory to produce an adequate proof of the stability of the Walrasian price adjustment mechanism was one of the program's most significant failures. This paper will not question this standard interpretation of the history of g...

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Publicado en:	European Journal of the History of Economic Thought Vol. 17; no. 2; pp. 313 - 344
Autor principal:	Hands, D.Wade
Formato:	Artículo
Publicado:	Taylor & Francis Ltd May2010
Materias:	Consumer preferences Samuelson, Paul A. (Paul Anthony), 1915-2009 History of economics > 20th century Economic equilibrium Economic stabilization Prices Microeconomics Rational choice theory
Acceso en línea:	Ver este registro en EBSCOhost