On the Perception and Representation of Economic Quantity in the History of Economic Analysis in view of the Debreu Conjecture

Akira Yamazaki

No 18, Discussion Papers from Meisei University, School of Economics

Abstract: General equilibrium theory initiated by L. Walras provides a solid theoretical framework of modern economic analysis. From purely theoretical point of view its fundamental mathematical structure is established throughout a series of papers in 1950-60’s in which the existence of an equilibrium is established. The purpose of this paper is to provide an interpretation of perception and representation of economic quantities and economic variables, specifically relating to the concept of demand as their representative, in the fundamental theoretical framework from the point of view of the Debreu conjecture.

Pages: 37 pages
Date: 2010-10
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