General Equilibrium Theory with Imperfect Information, Bounded Rationality, Incomplete Markets, and the Wisdom of Crowds

2016 ◽  
Author(s):  
Steven Kerr
Keyword(s):  
General Equilibrium ◽  
Bounded Rationality ◽  
Incomplete Markets ◽  
Imperfect Information ◽  
Equilibrium Theory ◽  
Wisdom Of Crowds ◽  
General Equilibrium Theory ◽  
The Wisdom Of Crowds

Some Developments in Economic Theory Since 1940: An Eyewitness Account

2010 ◽  
pp. 4-23 ◽  
Author(s):  
K. Arrow
Keyword(s):  
Economic Theory ◽  
General Equilibrium ◽  
Equilibrium Theory ◽  
General Equilibrium Theory ◽  
Economics Of Information ◽  
Modern Economic ◽  
Eyewitness Account ◽  
Theory Uncertainty ◽  
Professional Formation

The article considers the evolution of some branches of modern economic theory from the perspective of the authors biography as a scientist and his professional formation. It describes problems of econometrics, general equilibrium theory, uncertainty, economics of information, and growth. It is shown how different authors representing various fields came to similar conclusions simultaneously and independently, what were the problems, in response to which economists of the second half of last century developed their theories, and what were the contexts of such development.

Cone Conditions in General Equilibrium Theory

2000 ◽  
Vol 92 (1) ◽  
pp. 96-121 ◽  
Author(s):  
Charalambos D. Aliprantis ◽  
Rabee Tourky ◽  
Nicholas C. Yannelis
Keyword(s):  
General Equilibrium ◽  
Equilibrium Theory ◽  
General Equilibrium Theory ◽  
Cone Conditions
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