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Finding Equilibrium: Arrow, Debreu, McKenzie and the Problem of Scientific Credit
Till Düppe
€ 52.99
€ 37.97
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Description for Finding Equilibrium: Arrow, Debreu, McKenzie and the Problem of Scientific Credit
Hardback. Explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma - that a competitive market economy may possess a set of equilibrium prices. Num Pages: 304 pages, 11 halftones. BIC Classification: KCA; KCZ; PDX. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 237 x 161 x 24. Weight in Grams: 560.
Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by Kenneth Arrow and Gerard Debreu collaboratively, and by Lionel McKenzie separately, and would become widely known as the "Arrow-Debreu Model." While Arrow and Debreu would later go on to win separate Nobel prizes in economics, McKenzie would never receive it. Till Duppe and E. Roy Weintraub explore the lives and work of ... Read more
Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by Kenneth Arrow and Gerard Debreu collaboratively, and by Lionel McKenzie separately, and would become widely known as the "Arrow-Debreu Model." While Arrow and Debreu would later go on to win separate Nobel prizes in economics, McKenzie would never receive it. Till Duppe and E. Roy Weintraub explore the lives and work of ... Read more
Product Details
Publisher
Princeton University Press
Format
Hardback
Publication date
2014
Condition
New
Weight
559g
Number of Pages
304
Place of Publication
New Jersey, United States
ISBN
9780691156644
SKU
V9780691156644
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Till Düppe
Till Duppe is assistant professor of economics at the Universite du Quebec a Montreal. He is the author of The Making of the Economy. E. Roy Weintraub is professor of economics at Duke University. He is the author of How Economics Became a Mathematical Science.
Reviews for Finding Equilibrium: Arrow, Debreu, McKenzie and the Problem of Scientific Credit
Winner of the 2016 Joseph J. Spengler Best Book Prize, History of Economics Society "[An] engaging and illuminating history of the mid-twentieth-century proofs of competitive general equilibrium and the three authors associated with them."
S. Abu Turab Rizvi, Erasmus Journal for Philosophy and Economics "The book has a marvelous and incredibly detailed reconstruction of the paths pursued by the three protagonists ... Read more
S. Abu Turab Rizvi, Erasmus Journal for Philosophy and Economics "The book has a marvelous and incredibly detailed reconstruction of the paths pursued by the three protagonists ... Read more