The rise and fall of Walras's demand and supply curves.
Walras is famous for his indication of how demand curves can, in principle, be derived from utility maximization, but it is not usually recognized that Walras did not have partial equilibrium demand curves in mind. He focused instead on the context of exchange, and he used a special type of “genera...
| Published in: | Manchester School (14636786) Vol. 67; no. 2; pp. 192 - 203 |
|---|---|
| Main Author: | |
| Format: | Article |
| Published: |
Wiley-Blackwell
March 1999
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |