Comments on Arrow
G. C. Archibald
Chapter 4 in The Corporate Economy, 1971, pp 111-117 from Palgrave Macmillan
Abstract:
Abstract One who is anything but expert in modern general equilibrium theory may well hesitate to comment on Arrow’s paper. The admirable ‘mug’s guide to the existence game’ of Quirk and Saposnik,1 however, both encourages the attempt, and ensures that some relevant ideas are common knowledge.
Keywords: Relative Price; Profit Maximization; Initial Endowment; Price Ratio; Offer Curve (search for similar items in EconPapers)
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-01110-0_4
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DOI: 10.1007/978-1-349-01110-0_4
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