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The Theory of Existence of General Equilibrium in the History of Mathematical Economics

Shamsun N. Ahmed


The book ‘The Theory of Existence of General Equilibrium: In the History of Mathematical Economics’ focuses on the nature of different paradigms involved in the development of the existence of general equilibrium during 1838-1976. It examines the factors which led the general equilibrium theorists to develop the model of existence of general equilibrium: the individuals responsible for identifying the problem associated with the earlier general equilibrium theory; the link between the earlier and the modern theory of the existence of equilibrium: the individual or group who developed the first existence proof; the contributions of the modern existence theorists of general equilibrium; the approach which finally did emerge. This book reveals how the proofs of existence of competitive equilibrium system have been modified by developments of appropriate mathematical techniques.

Tk. 235 (Paperback), US$ 20

  • ISBN: 984 08 0161 9
  • Year of Publication: 2000

The book ‘The Theory of Existence of General Equilibrium: In the History of Mathematical Economics’ focuses on the nature of different paradigms involved in the development of the existence of general equilibrium during 1838-1976. It examines the factors which led the general equilibrium theorists to develop the model of existence of general equilibrium: the individuals responsible for identifying the problem associated with the earlier general equilibrium theory; the link between the earlier and the modern theory of the existence of equilibrium: the individual or group who developed the first existence proof; the contributions of the modern existence theorists of general equilibrium; the approach which finally did emerge. This book reveals how the proofs of existence of competitive equilibrium system have been modified by developments of appropriate mathematical techniques.