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Existence of General Equilibrium

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The New Palgrave Dictionary of Economics

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Abstract

This article summarizes the history of the attempts to prove the existence of general equilibrium from those of Wald and others in Vienna in the 1930s to those of von Neumann and Nash, and of the solutions provided by Arrow, Debreu and McKenzie in the 1950s and their subsequent development.

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Authors and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95189-5

    Gerard Debreu

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  1. Gerard Debreu
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Debreu, G. (2018). Existence of General Equilibrium. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_487

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