Is Economics Entering its Post-Witchcraft Era?

Petrus H. Potgieter and Elemér E. Rosinger

MPRA Paper from University Library of Munich, Germany

Abstract: Recently, an awareness is emerging in economics about the fact that important problems are not solvable algorithmically, that is, by any finite number of steps. This statement can be made mathematically exact and this paper reviews the contributions that have been made in this regard, related to standard topics in economics.

Keywords: Computability economics; general equilibrium theory; Arrow's impossibility theorem; Debreu's theorem; Malleus Maleficiarum (search for similar items in EconPapers)
JEL-codes: A11 A12 C02 (search for similar items in EconPapers)
Date: 2007-05-25
New Economics Papers: this item is included in nep-hpe and nep-sog
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https://mpra.ub.uni-muenchen.de/3340/1/MPRA_paper_3340.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/5402/1/MPRA_paper_5402.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:3340

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