Demand Theory and General Equilibrium: From Explanation to Introspection, a Journey down the Wrong Road

Abstract

Gerard Debreu symbolizes the use of a new mathematical apparatus, an apparatus comprehended by most economists only abstractly. Nevertheless, his work has given us an improved intuitive under-standing of the underlying economic relevance. His clarity and ana-lytical rigor, as well as the distinction drawn by him between an eco-nomic theory and its interpretation, have given his work important bearing on the choice of methods and analytical techniques within economic theory on a par with any other living economist. —Introduction of the Nobel laureate at the Royal Swedish Academy of Sciences, 1983 The complexity of an economy stands in sharp contrast to the simplicity of a question that must be raised about its operation. Many agents com-pose the economy, and they have to deal with a large number of commod-

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 78 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.