Número:
231
Publicado:
Clasificación JEL:
D12, D50, D62
Palabras clave:
General Equilibrium Theory in Exchange Economies with Externalities
Lo más reciente
Christian Manuel Posso-Suárez, Jorge Tamayo, Arlen Guarín, Estefanía Saravia
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Diego A. Rodríguez-Pinilla, Luis Eduardo Castellanos-Rodríguez, Andrea López-Rodríguez, María del Pilar Esguerra Umaña
The theory of general equilibrium was criticized for its apparent lack of testable implications, as seemingly implied by the results of Sonnenschein, Mantel and Debreu in the Seventies. This view was challenged by the results of Brown and Matzkin (1996),