Mathematics and markets: existence and efficiency of competitive equilibrium

MaRDI QIDQ3626814zbMATH OpenFDO

Authors Antonio Villar

Publication date 22 May 2009

zbMATH Keywords

competitive economygeneral equilibrium modelinvisible hand theoremsocial equilibrium

Mathematics Subject Classification ID

General equilibrium theory (91B50) Special types of economic markets (including Cournot, Bertrand) (91B54)

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• A beautiful theorem
• Market economies with an endogenous social division of labor
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