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Titlebook: General Equilibrium; John Eatwell,Murray Milgate,Peter Newman Book 1989 Palgrave Macmillan, a division of Macmillan Publishers Limited 198

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Hamming-Codes und erweiterte Hamming-Codes8), the name itself appearing only in the latter paper. Later expositions were given by Debreu (1959) and Arrow and Hahn (1971) and a more general discussion by Koopmans (1957, Essay 1). Although there have been several articles concerned with non-convex consumption sets (e.g. Yamazaki, 1978), in mo
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Information, Entropie und Codierungsaufwand the economy if, by using the means available to that group, each member can be made better off. Nothing is said in this definition of how a state in the core actually is reached. The actual process of economic transactions is not considered explicitly.
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Rationale Punkte auf algebraischen Kurven,he word equilibrium itself has been used in the economic literature with at least two principal meanings. The first one refers to market equilibrium, i.e. the equality of supply and demand on markets. This is the meaning we shall retain in this entry, and therefore the disequilibrium analysis we sha
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Primzahlen: Theorie und Anwendung,asked in . . (1776) why a large number of agents motivated by self-interest and making independent decisions do not create social chaos in a private ownership economy. Smith himself had gained a deep insight into the impersonal coordination of those decisions by markets for commodities. Only a mathe
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https://doi.org/10.1007/978-3-319-76433-7rable, or at least harmless, it could not have a negative price in competitive equilibrium. Likewise, if some firm can dispose of arbitrary amounts of a commodity without using any other inputs or producing any other (possibly noxious) outputs, its price in competitive equilibrium cannot be negative
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