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General Equilibrium Analysis

General Equilibrium Analysis Studies in Appraisal - Historical Perspectives on Modern Economics

Hardback (30 Aug 1985)

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Publisher's Synopsis

What is the nature of the intellectual enterprise - general equilibrium analysis - that so many economists regard as the centerpiece of their discipline? In this book, Roy Weintraub considers both the modern history of the analysis, and the methodological puzzles that it, and mathematical economic theory in general, pose. Professor Weintraub argues that previous writings on the history and method of general equilibrium theory have been curiously biased and misleading. He provides a clear and careful presentation of the development of the theory from the 1930s through to the Arrow-Debreu work of the 1950s. This historical analysis is the centre of the book: a case study which permits the author to justify the status of general equilibrium theory in economics and the activity in which economic theorists engage. He argues that previous methodological investigations have been distorted by their use of inappropriate models taken from the philosophy of science that were developed to appraise work in the physical sciences.

About the Publisher

Cambridge University Press

Cambridge University Press dates from 1534 and is part of the University of Cambridge. We further the University's mission by disseminating knowledge in the pursuit of education, learning and research at the highest international levels of excellence.

Book information

ISBN: 9780521259682
Publisher: Cambridge University Press
Imprint: Cambridge University Press
Pub date:
DEWEY: 339.5
DEWEY edition: 22
Language: English
Number of pages: 208
Weight: 480g
Height: 228mm
Width: 152mm
Spine width: 17mm