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Titlebook: Arrow and the Ascent of Modern Economic Theory; George R. Feiwel (Alumni Distinguished Service Pro Book 1987 Palgrave Macmillan, a divisio

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On the Non-existence of Equilibrium: From Thornton to Arrowuilibrium failed because of their assumption of continuity. The Thornton-Mill examples, as well as the example of Wald (1951), are, however, not so serious to equilibrium theory, if we consider, not the Walrasian . with recontract, but the non-. without recontract. From such non-. point of view, a t
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Theory and Method — Second-Generation Perspective: An Interview
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Interaction Between General Equilibrium and Macroeconomics: An Interview
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George R. Feiwel (Alumni Distinguished Service Pro
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Arrow’s Vision of the Economic Processts for close investigation. It follows that a vision is not typically located in the explicit assumptions of economic theory, although its trace can be seen there, but more typically it is to be found in the unstated assumptions, what critics often call the ‘implicit assumptions’, which characterize
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