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When Non-transitive Relations Take Maxima and Competitive Equilibrium Can’t be Beat

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Economic Theory and International Trade

Abstract

I had the great good fortune of being a new assistant professor at Washington University when Trout Rader was a young associate professor with no other theorists around him to talk to. For me these were exciting times. Here was a person with powerful technical skills, full of imaginative ideas and eager to share them—someone to learn from, to admire, and to emulate. Trout was working on a two-volume treatise on economic theory, and I would read the chapters as he produced them. Trout’s first drafts were not paragons of clarity, but they were full of clever stuff and I could get him to try to explain this stuff to me. At least at first, the main coin I could offer in return for his tutelage was typographical errors from his manuscript. Luckily, this currency was readily available and could always be redeemed for good value.

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Author information

Authors and Affiliations

  1. University of Michigan, USA

    Ted Bergstrom

Authors
  1. Ted Bergstrom
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Editor information

Editors and Affiliations

  1. Department of Economics, Washington University, One Brookings Drive, Box 1208, St. Louis, MO, 63130, USA

    Wilhelm Neuefeind

  2. Department of Economics, University of Iowa, Iowa City, IA, 52242, USA

    Raymond G. Riezman

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© 1992 Springer-Verlag Berlin · Heidelberg

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Bergstrom, T. (1992). When Non-transitive Relations Take Maxima and Competitive Equilibrium Can’t be Beat. In: Neuefeind, W., Riezman, R.G. (eds) Economic Theory and International Trade. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-77671-7_2

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  • DOI: https://doi.org/10.1007/978-3-642-77671-7_2

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-77673-1

  • Online ISBN: 978-3-642-77671-7

  • eBook Packages: Springer Book Archive

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