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Negishi’s Theorem and Method: Computable and Constructive Considerations

K. Velupillai ()

Computational Economics, 2015, vol. 45, issue 2, 183-193

Abstract: Negishi’s remarkable youthful contribution to welfare economics, general equilibrium theory and, with the benefit of hindsight, also to one strand of computable general equilibrium theory, all within the span of six pages in one article, has become one of the modern classics of general equilibrium theory and mathematical economics. Negishi’s celebrated theorem and what has been called Negishi’s Method have formed one foundation for computable general equilibrium theory. In this paper I investigate the computable and constructive aspects of the theorem and the method. Copyright Springer Science+Business Media New York 2015

Keywords: Computable general equilibrium; Fundamental theorems of welfare economics; Negishi’s theorem; Negishi’s method; C63; C68; D58; D60 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10614-013-9416-5

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