Negishi's Theorem and Method

K.Vela Velupillai

No 1129, ASSRU Discussion Papers from ASSRU - Algorithmic Social Science Research Unit

Abstract: Takashi 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

Keywords: Computable General Equilibrium; Fundamental Theorems of Welfare Economics; Negishi's Method (search for similar items in EconPapers)
JEL-codes: C63 C68 D58 D60 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:trn:utwpas:1129

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