Walrasian Economics

Donald A. Walker

doi:10.1017/CBO9780511510748

References

References and Bibliography for Chapter 11

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Daal, Jan and Walker, Donald A. (1990), “The Problem of Aggregation in Walras's General Equilibrium Theory,” History of Political Economy, 22 (3), Fall, 489–505; and in Walker 2001a, 2, 341–57

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Walker, Donald A. (1971b), “The Determinateness of Equilibrium in Isolated Competitive Markets,” International Review of Economics and Business, 18 (12), December, 1158–1179

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Non-Virtual Walrasian models

Exchange models

Bottazzi, J.-M. (1994), “Accessibility of Pareto Optima by Walrasian Exchange Processes,” Journal of Mathematical Economics, 23(6), November, 585–603

Bronfman, Corinne (2000), “An Experimental Examination of the Walrasian Tatonnement Mechanism,” Bargaining and market behavior: Essays in experimental economics, Cambridge, New York, and Melbourne: Cambridge University Press, 381–406

Cordoba, Jose M. and Hammond, Peter J. (1998), “Asymptotically Strategy-Proof Walrasian Exchange,” Mathematical Social Sciences, 36(3), December, 185–212

Grandmont, Jean-Michel (1992), “Transformations of the Commodity Space, Behavioral Heterogeneity, and the Aggregation Problem,” Journal of Economic Theory, 57(1), June, 1–35

Grodal, Birgit and Karl Vind (2000), “Walras Equilibrium with Coordination,” Institute of Economics Working paper, University of Copenhagen

Guesnerie, Roger (2002), “Equilibre général, coordination et multiplicité sur les marches au comptant,” Revue d'Economie Politique, 112(5), September–October, 671–92

Herings, Jean-Jacques (1997), “Equilibrium Adjustment of Disequilibrium Prices,” Journal of Mathematical Economics, 27(1), February, 53–77

Ma, Jinpeng and Nie, Fusheng (2003), “Walrasian Equilibrium in an Exchange Economy with Indivisibilities,” Mathematical Social Sciences, 46(2), October, 159–92

Majumdar, Mukul and Rotar, Vladimir (2000), “Equilibrium Prices in a Random Exchange Economy with Dependent Agents,” Economic Theory, 15(3), May, 531–50

Negishi, T. (1961), “On the Formation of Prices,” International Economic Review, 2, 122–26

Peters, Michael (1997), “On the Equivalence of Walrasian and Non-Walrasian Equilibria in Contract Markets: The Case of Complete Contracts,” Review of Economic Studies, 64(2), April, 241–64

Uzawa, Hirofumi (1962), “A Walrasian Approach to Bargaining Games,” International Economic Review, 3, 218–32

Some structural characteristics of non-virtual exchange or production models

Fraja, Gianni and Sakovics, Jozsef (2001), “Walras Retrouvé: Decentralized Trading Mechanisms and the Competitive Price,” Journal of Political Economy, 109(4), August, 842–63

Kandel, Eugene and Simhon, Avi (2002), “Between Search and Walras,” Journal of Labor Economics, 20(1), January, 59–85

Koutsougeras, Leonidas C. (2003), “Non-Walrasian Equilibria and the Law of One Price,” Journal of Economic Theory, 108(1), January, 169–75

Sertel, Murat R. and Yildiz, Muhamet (1999), “Double-Edged Population Monotonicity of Walrasian Equilibrium – A Note on the Nature of Competition,” Mathematical Social Sciences, 37(3), May, 235–51

Starr, Ross M. and Maxwell B. Stinchcombe (1993), “Exchange in a Network of Trading Posts,” University of California, San Diego Department of Economics Working Paper, 93–13, April, 1–14

Non-virtual models in which there is production

Baigent, G. Glenn (2003), “Competitive Markets and Aggregate Information,” Eastern Economic Journal, 29(4), 593–606

Benetti, Carlo (2002), “Le problème de la variation de prix: Les limites de la théorie walrassienne,” Revue Economique, 53(5), September, 917–31

Bennardo, Alberto and Chiappori, Pierre Andre (2003), “Bertrand and Walras Equilibria under Moral Hazard,” Journal of Political Economy, 111(4), August, 785–817

Berliant, Marcus and Dakhlia, Sami (2002), “Sensitivity Analysis for Applied General Equilibrium Models in the Presence of Multiple Walrasian Equilibria,” Economic Theory, 19(3), April, 459–76

Borissov, Kirill (2004), “An Intertemporal General Equilibrium Model with Given Real Wage Rates,” Structural Change and Economic Dynamics, 15(2), June, 207–33

Brown, Donald J. and Shannon, Chris (2000), “Uniqueness, Stability, and Comparative Statics in Rationalizable Walrasian Markets,” Econometrica, 68(6), November, 1529–39

Dore, Mohammed H. I. (1998), “Walrasian General Equilibrium and Nonlinear Dynamics,” Nonlinear Dynamics, Psychology, and Life Sciences, 2(1), January, 59–72

Fisher, Franklin M. (1983), Disequilibrium Foundations of Equilibrium Economics, Cambridge: Cambridge University Press

Flaschel, Peter (1991), “Stability – Independent of Economic Structure? A Prototype Analysis,” Structural Change and Economic Dynamics, 2(1), 9–35

Funk, Peter (1995), “Bertrand and Walras Equilibria in Large Economies,” Journal of Economic Theory, 67(2), December, 436–66

Gul, Faruk and Stacchetti, Ennio (1999), “Walrasian Equilibrium with Gross Substitutes,” Journal of Economic Theory, 87(1), July, 95–124

Hahn, Frank H. (1962), “On the Stability of Pure Exchange Equilibrium,” International Economic Review, 3, 206–13

Hens, Thorsten (1997), “Stability of Tatonnement Processes of Short Period Equilibria with Rational Expectations,” Journal of Mathematical Economics, 28(1), August, 41–67

Herings, Jean-Jacques (1997), “A Globally and Universally Stable Price Adjustment Process,” Journal of Mathematical Economics, 27(2), March, 163–93

Horiba, Yutaka (1998), “Gross Substitutability and the Laws of Comparative Statics: A Simultaneous Demand Shift,” Keio Economic Studies, 35(2), 1–7

Jensen, Bjarne S. (2003), “Walrasian General Equilibrium Allocations and Dynamics in Two-Sector Growth Models,” German Economic Review, 4(1), February, 53–87

Katzner, Donald W. (1999), “Methodological Individualism and the Walrasian Tatonnement,” Journal of Economic and Social Research, 1(1), 5–33

Majumdar, Mukul and Tapan Mitra (1997), “Complexities of Concrete Walrasian Systems,” Issues in economic theory and public policy: Essays in honour of Professor Tapas Majumdar, 41–63, Oxford and New York: Oxford University Press, Delhi

Podczeck, Konrad (2003), “Core and Walrasian Equilibria When Agents' Characteristics Are Extremely Dispersed,” Economic Theory, 22(4), November, 699–725

Rao, J. Mohan (1998), “A Leibenstein-Hobbes-Walras Model of Sharecropping,” Metroeconomica, 49(1), February, 62–96

Serrano, Roberto and Volij, Oscar (1998), “Axiomatizations of Neoclassical Concepts for Economies,” Journal of Mathematical Economics, 30(1), August, 87–108

Uses and developments of special ideas of Walras's

Walras's law

Aiyagari, S. Rao (1992), “Walras' Law and Nonoptimal Equilibria in Overlapping Generations Models,” Journal of Mathematical Economics, 21(4), 343–61

Balasko, Yves (2004), “The Equilibrium Manifold Keeps the Memory of Individual Demand Functions,” Economic Theory, 24(3), October, 493–501

Bidard, Christian (1989), “Equilibrium with a Qualitative Walras' Law,” Journal of Economic Theory, 47(1), February, 203–05

Habibagahi, H. and J. Quirk (1989), “Hicksian Stability and Walras' Law,” in Wood, John Cunningham and Woods, Ronald N. (eds.), Sir John R. Hicks: Critical Assessments, 2, in Critical Assessments of Contemporary Economists, London and New York: Routledge, 249–61

Huang, Weihong (2001), “Statistical Dynamics and Walras' Law,” Journal of Economic Behavior and Organization, 46(1), September, 57–71

Lange, Oskar R. (1942), “Say's Law: A Restatement and Criticism,” in Lange, Oscar, et al. (eds.), Studies in Mathematical Economics and Econometrics, Chicago: University of Chicago Press, 49–68

Rhodes, James R. (1984), “Walras' Law and Clower's Inequality,” Australian Economic Papers, 23(42), June, 112–22

Yeager, Leland B. and Rabin, Alan A. (1997), “Monetary Aspects of Walras's Law and the Stock-Flow Problem,” Atlantic Economic Journal, 25(1), March, 18–36

Walras allocations

Armstrong, Thomas E. and Richter, Marcel K. (1984), “The Core-Walras Equivalence,” Journal of Economic Theory, 33(1), June, 116–51

Armstrong, Thomas E. and Richter, Marcel K. (1986), “Existence of Nonatomic Core-Walras Allocations,” Journal of Economic Theory, 38(1), February, 137–59

Herves-Beloso, Carlos and Moreno-Garcia, Emma (2004), “El poder de veto de la gran coalición,” Investigaciónes Económicas, 28(3), September, 489–513

Manresa, Antonio (2002), “Can We Identify Walrasian Allocations?,” Review of Economic Design, 7(1), June, 57–73

Nagahisa, Ryo-ichi (1991), “A Local Independence Condition for Characterization of Walrasian Allocations Rule,” Journal of Economic Theory, 54(1), June, 106–23

Nagahisa, Ryo-ichi (1992), “Walrasian Social Choice in a Large Economy,” Mathematical Social Sciences, 24(1), August, 73–78

Nagahisa, Ryo-ichi (1994), “A Necessary and Sufficient Condition for Walrasian Social Choice,” Journal of Economic Theory, 62(1), February, 186–208

Nagahisa, Ryo-ichi and Suh, Sang-Chul (1995), “A Characterization of the Walras Rule,” Social Choice and Welfare, 12(4), October, 335–52

Nouweland, A., Peleg, B. and Tijs, S. (1996), “Axiomatic Characterizations of the Walras Correspondence for Generalized Economies,” Journal of Mathematical Economics, 25(3), April, 355–72

Serrano, Roberto and Oscar Volij (1997), “Abstract Equilibria, Interactive Choice Sets and Walrasian Allocations,” Department of Economics Working Paper, April, Brown University

Serrano, Roberto and Volij, Oscar (2000), “Walrasian Allocations without Price-Taking Behavior,” Journal of Economic Theory, 95(1), November, 79–106

Tauman, Yair and Chen, Yan (2000), “Acceptable and Walrasian Allocations,” Journal of Mathematical Economics, 34(3), November, 415–38

Tian, Guoqiang (2000), “Feasible and Continuous Double Implementation of Constrained Walrasian Allocations,” Annals of Economics and Finance, 1(1), May, 19–32

Yamazaki, Akira (1984), “Walras Degrees and Probability of a Blocking Coalition at Pareto Allocations,” Journal of Mathematical Economics, 13(2), October, 105–21

The Walras correspondence

Balasko, Yves (1975), “The Graph of the Walras Correspondence,” Econometrica, 43(5–6), September–November, 907–12

DeMichelis, Stefano and Germano, Fabrizio (2000), “Some Consequences of the Unknottedness of the Walras Correspondence,” Journal of Mathematical Economics, 34(4), December, 537–45

Jouini, Elyes (1993), “The Graph of the Walras Correspondence: The Production Economies Case,” Journal of Mathematical Economics, 22(2), 139–47

Korthues, Bernd (2000), “Characterization of an Extended Walrasian Concept for Open Economies,” Journal of Mathematical Economics, 33(4), May, 449–61

Majumdar, Mukul and Peleg, Bezalel (1997), “An Axiomatization of the Walras Correspondence in Infinite Dimensional Spaces,” International Economic Review, 38(4), November, 853–64

Saijo, Tatsuyoshi, Tatamitani, Yoshikatsu and Yamato, Takehiko (1999), “Characterizing Natural Implementability: The Fair and Walrasian Correspondences,” Games and Economic Behavior, 28(2), August, 271–93

Imperfectly competitive non-virtual general equilibrium models

Oligopoly, Cournot-Walras, and monopolistic models

Alos-Ferrer, Carlos (2004), “Cournot versus Walras in Dynamic Oligopolies with Memory,” International Journal of Industrial Organization, 22(2), February, 193–217

Benassy, Jean-Pascal (1976), “The Disequilibrium Approach to Monopolistic Price Setting and General Monopolistic Equilibrium,” Review of Economic Studies, 43, February, 69–81

Gary, Bobo, Robert J. (1989), “Cournot-Walras and Locally Consistent Equilibria,” Journal of Economic Theory, 49(1), October, 10–32

Gary, Bobo, Robert J. and Michel, Philippe (1991), “Informative Advertising and Competition: A Noncooperative Approach,” International Economic Review, 32(2), May, 321–39

Codognato, Giulio (1994), “Cournot-Walras Equilibrium: A Reconsideration,” Economic Notes, 23(3), 388–401

Codognato, Giulio (1995), “Cournot-Walras and Cournot Equilibria in Mixed Markets: A Comparison,” Economic Theory, 5(2), March, 361–70

Codognato, Giulio and Gabszewicz, Jean J. (1993), “Cournot-Walras Equilibria in Markets with a Continuum of Traders,” Economic Theory, 3(3), July, 453–64

Cordella, Tito and Datta, Manjira (2002), “Intertemporal Cournot and Walras Equilibria: An Illustration,” International Economic Review, 43(1), February, 137–53

D'Aspremont, Claude, Ferreira, Rodolphe Dos Santos, and Gérard-Varet, Louis-André (1997), “General Equilibrium Concepts under Imperfect Competition: A Cournotian Approach,” Journal of Economic Theory, 73(1), March, 199–230

Huang, Weihong (2003), “A Naive but Optimal Route to Walrasian Behavior in Oligopolies,” Journal of Economic Behavior and Organization, 52(4), December, 553–71

Kaas, Leo and Paul Madden (2000), “Imperfectly Competitive Cycles with Keynesian and Walrasian Features,” Institute for Advanced Studies, Vienna, Working paper, Economics Series, no. 83

Kaas, Leo (2001), “Cournot-Walras Equilibrium without Profit Feedback,” Economics Bulletin, 4(9), 1–8

Morishima, Michio and Majumdar, Madhavi (1996), “The Cournot-Walras Arbitrage, Resource Consuming Exchange, and Competitive Equilibrium,” in Dynamic Economic Theory, Cambridge, New York, Melbourne: Cambridge University Press, 270–84

Novshek, William and Hugo Sonnenschein (1978), “Cournot and Walras Equilibrium,” Journal of Economic Theory, 19(2), December, 223–66, in Andrew F. Daughety (ed.) Cournot Oligopoly: Characterization and Applications, Cambridge; New York, and Melbourne: Cambridge University Press, 271–316

Robert, Jacques (1994), “In the Cournot-Walras General Equilibrium Model, There May Be ‘More to Gain’ by Changing the Numeraire Than by Eliminating Imperfections: A Two-Good Economy Example: Comment,” in Mercenier, Jean and Srinivasan, T. N. (eds.), Applied General Equilibrium and Economic Development: Present Achievements and Future Trends, Ann Arbor: University of Michigan Press, 225–31

Schenk-Hoppe, Klaus Reiner (2000), “The Evolution of Walrasian Behavior in Oligopolies,” Journal of Mathematical Economics, 33(1), February, 35–55

Siebe, Wilfrid (1990), “General Equilibrium with a Continuum of Oligopolies,” Universitat Bonn Sonderforschungsbereich 303, working paper, May, 176

Wooders, John (1997–1998), “Equilibrium in a Market with Intermediation Is Walrasian,” Review of Economic Design, 3(1), 75–89

Yosha, Oved (1997), “Diversification and Competition: Financial Intermediation in a Large Cournot-Walras Economy,” Journal of Economic Theory, 75(1), July, 64–88

Nash-Walras, games and bargaining models

Allen, Beth and Heracles Polemarchakis (1994), “From Nash to Walras Equilibrium,” in Mertens, Jean-François and Sorin, Sylvain (eds.), Game-theoretic Methods in General Equilibrium Analysis, NATO Advanced Science Institutes Series D: Behavioural and Social Sciences, 77, Dordrecht and Boston: Kluwer Academic in cooperation with NATO Scientific Affairs Division, 225–41

Alos-Ferrer, Carlos and Ania, Ana B. (2001), “Local Equilibria in Economic Games,” Economics Letters, 70(2), February, 165–73

Bevia, Carmen, Corchon, Luis C. and Wilkie, Simon (2003), “Implementation of the Walrasian Correspondence by Market Games,” Review of Economic Design, 7(4), February, 429–42

Corominas-Bosch, Margarida (2004), “Bargaining in a Network of Buyers and Sellers,” Journal of Economic Theory, 115(1), March, 36–77

Dagan, Nir, Serrano, Roberto and Volij, Oscar (1998), “Comment on McLennan and Sonnenschein ‘Sequential Bargaining as a Noncooperative Foundation for Walrasian Equilibrium,’”Econometrica, 66(5), September, 1231–33

Dubey, Pradeep and Geanakoplos, John (2003), “From Nash to Walras via Shapley-Shubik,” Journal of Mathematical Economics, 39(5–6), July, 391–400

Faias, Marta, Moreno-Garcia, Emma and Pascoa, Mario Rui (2002), “Non-manipulability in Walrasian Cost Games,” Review of Economic Design, 7(1), June, 93–104

Geanakoplos, John (2003), “Nash and Walras Equilibrium via Brouwer,” Economic Theory, 21(2–3), March, 585–603

Ghosal, S. and Polemarchakis, H. M. (1997), “Nash-Walras Equilibria,” Research in Economics, 51(1), April, 31–40

Kunimoto, Takashi and Serrano, Roberto (2004), “Bargaining and Competition Revisited,” Journal of Economic Theory, 115(1), March, 78–88

Minelli, Enrico and Heracles M. Polemarchakis (1999), “Nash-Walras Equilibria of a Large Economy,” Université Catholique de Louvain CORE Discussion Paper, July

Ponsati, Clara (2004), “Search and Bargaining in Large Markets with Homogeneous Traders,” Contributions to Theoretical Economics, 4(1), 1st quarter, 1–25

Sabourian, Hamid (1999), “Bargaining and Markets: Complexity and the Walrasian Outcome,” Yale Cowles Foundation Discussion Paper, December

Serrano, Roberto (2002), “Decentralized Information and the Walrasian Outcome: A Pairwise Meetings Market with Private Values,” Journal of Mathematical Economics, 38(1–2), September, 65–89

Sinha, Deepak K. (1997), “Diffusion of Innovations in Globally Stable Walrasian Equilibrium,” Journal of Economics (Zeitschrift für Nationalökonomie), 66(1), 1–22

Sonn, Sang-Young (2001), “Bargaining and Walrasian Equilibrium in Simple Production Economies,” Seoul Journal of Economics, 14(4), Winter, 379–405

Szymanski, Stefan (2004), “Professional Team Sports Are Only a Game: The Walrasian Fixed-Supply Conjecture Model, Contest-Nash Equilibrium, and the Invariance Principle,” Journal of Sports Economics, 5(2), May, 111–26

Trockel, Walter (1996), “A Walrasian Approach to Bargaining Games,” Economics Letters, 51(3), 295–301

Trockel, Walter (2000), “Implementations of the Nash Solution Based on Its Walrasian Characterization,” Economic Theory, 16(2), September, 277–94

Wooders, John (1998), “Walrasian Equilibrium in Matching Models,” Mathematical Social Sciences, 35(3), May, 245–59

Yildiz, Muhamet (2003), “Walrasian Bargaining,” Games and Economic Behavior, 45(2), November, 465–87

Fix-price models

Benassy, Jean-Pascal (2000), “Rigidités nominales dans les modèles d'équilibre général intertemporel stochastique,” L'Actualité Economique/Revue D'Analyse Economique, 78(4), December, 423–57

Vroey, Michel (2004), “Théorie de déséquilibre et chomage involontaire: Un examen critique,” Revue Economique, 55(4), July, 647–68

Drèze, Jacques (1975), “Existence of an Exchange Equilibrium under Price Rigidities,” International Economic Review, 16, June, 301–20

Grandmont, Jean-Michel (1982), “Temporary General Equilibrium Theory,” in Arrow, Kenneth J. and Intriligator, Michael D. (eds.), Handbook of Mathematical Economics: Volume II, Amsterdam: North-Holland Publishing Company, 879–922

Herings, P. Jean-Jacques, Gerard van der Laan and Dolf Talman (1998), “Price-Quantity Adjustment in a Keynesian Economy,” Tilburg Center for Economic Research Discussion Paper, November

Herings, Jean-Jacques, Laan, Gerard and Venniker, Richard (1998), “The Transition from a Dreze Equilibrium to a Walrasian Equilibrium,” Journal of Mathematical Economics, 29(3), April, 303–30

Kades, Eric (1985), “New Classical and New Keynesian Models of Business Cycles,” Economic Review, Federal Reserve Bank of Cleveland, Quarter IV, 20–35

Micro- and macro-economics: blending the ideas of Walras and J. M. Keynes

Allen, Ralph C. and Stone, Jack H. (1998), “Walrasian, Non-Walrasian and Post-Walrasian Perspectives on the ADAS Model: Theoretical and Pedagogical Implications,” Aggregate demand and supply: A critique of orthodox macroeconomic modelling, New York: St. Martin's Press; London: Macmillan Press, 67–81

Backhouse, Roger E. (1998), “The Neo-Walrasian Research Programme in Macroeconomics,” in Explorations in economic methodology: From Lakatos to empirical philosophy of science, in Frontiers of Political Economy, 17, London and New York: Routledge, 13–38

Benassy, Jean-Pascal (2002), The macroeconomics of imperfect competition and nonclearing markets: A dynamic general equilibrium approach, Cambridge and London: MIT Press

Citanna, Alessandro (2001), “Continua of Underemployment Equilibria Reflecting Coordination Failures, also at Walrasian Prices,” Journal of Mathematical Economics, 36(3), December, 169–200

Colander, David (1999), “A Post-Walrasian Explanation of Wage and Price Inflexibility and a Keynesian Unemployment Equilibrium System,” Growth, employment and inflation: Essays in honour of John Cornwall, New York: St. Martin's Press; London: Macmillan Press, 211–25

Vroey, Michel (1999), “Keynes and the Marshall-Walras Divide,” Journal of the History of Economic Thought, 21(2), June, 117–36

Drèze, Jacques (1997), “Walras-Keynes Equilibria Coordination and Macroeconomics,” European Economic Review, 41(9), December 1735–62

Kaas, Leo (1998), “Stabilizing Chaos in a Dynamic Macroeconomic Model,” Journal of Economic Behavior and Organization, 33(3–4), January, 313–32

Kaas, Leo and Paul Madden (2000), “Imperfectly Competitive Cycles with Keynesian and Walrasian Features,” Institute for Advanced Studies, Vienna, Working paper, Economics Series, no. 83

Palley, Thomas I. (1998), “Walras' Law and Keynesian Macroeconomics,” Australian Economic Papers, 37(3), September, 330–40

Palley, Thomas I. (1999), “General Disequilibrium Analysis with Inside Debt,” Journal of Macroeconomics, 21(4), Fall, 785–803

Applied and computational general equilibrium models

Brown, D. J. and Matzkin, R. L. (1996), “Testable Restrictions on the Equilibrium Manifold,” Econometrica, 64(6), November, 1249–62

Burniaux, Jean Marc et al. (1990), “Economy-Wide Effects of Agricultural Policies in OECD Countries: A GE Approach Using the WALRAS Model,” in Goldin, Ian and Knudsen, Odin (eds.), Agricultural Trade Liberalization: Implications for Developing Countries, Paris: Organisation for Economic Co-operation and Development; Washington, D.C.: World Bank, 283–306

Burniaux, Jean-Marc, Delormé, François, Lienert, Ian, and Martin, John P. (1990), “WALRAS – A Multi-sector, Multi-country Applied General Equilibrium Model for Quantifying the Economy-wide Effects of Agricultural Policies,” OECD Economic Studies, 13, Winter, 69–102

Carvajal, Andres (2004), “Testable Restrictions on the Equilibrium Manifold under Random Preferences,” Journal of Mathematical Economics, 40(1–2), February, 121–43

Chang, S.-I. (1997), “The Effects of Economic Integration between North and South Korea: A Computable General Equilibrium Analysis,” International Economic Journal, 11(4), Winter, 1–16

Cheng, John Q. and Wellman, Michael P. (1998), “The WALRAS Algorithm: A Convergent Distributed Implementation of General Equilibrium Outcomes,” Computational Economics, 12(1), August, 1–24

Delormé, François and Mensbrugghe, Dominique (1989), “Assessing the Role of Scale Economies and Imperfect Competition in the Context of Agricultural Trade Liberalisation: A Canadian Case Study,” OECD Economic Studies, 13, Winter, 205–36

Dhillon, Upinder S., Lasser, Dennis J., and Watanabe, Taiji (1997), “Volatility, Information, and Double versus Walrasian Auction Pricing in US and Japanese Futures Markets,” Journal of Banking and Finance, 21(7), July, 1045–61

Gottinger, H. W. (1998), “Greenhouse Gas Economics and Computable General Equilibrium,” Journal of Policy Modeling, 20(5), October, 537–80

Leontief, Wassily (1941), The Structure of American Economy, 1919–1929, Cambridge, MA: Harvard University Press

Lienert, Ian (1989), “Quantifying Agricultural Policies in the WALRAS Model,” OECD Economic Studies, 13, Winter, 103–30

List, John A. (2004), “Testing Neoclassical Competitive Theory in Multilateral Decentralized Markets,” Journal of Political Economy, 112(5), October, 1131–56

Martin, John P. (1989–1990), “Economy-Wide Effects of Agricultural Policies in OECD Countries: Simulation Results with WALRAS,” OECD Economic Studies, 13, Winter, 131–72

Noland, Marcus (2000), Avoiding the Apocalypse: The Future of the Two Koreas, Washington, D.C.: Institute for International Economics

Mensbrugghe, Dominique, Martin, John P., and Burniaux, Jean Marc (1989), “How Robust Are WALRAS Results?,” OECD Economic Studies, 13, Winter, 173–204

Piggott, John and Whalley, John (1985), New Developments in Applied General Equilibrium Analysis, New York: Cambridge University Press

Rao, J. Mohan (1998), “A Leibenstein-Hobbes-Walras Model of Sharecropping,” Metroeconomica, 49(1), February, 62–96

Scarf, Herbert E. (1973), The Computation of Economic Equilibria, New Haven: Yale University Press

Scarf, Herbert E. and Shoven, John B. (eds.) (1984), Applied General Equilibrium Analysis, New York: Cambridge University Press

Yao, Shuntian (2002), “Walrasian Equilibrium Computation, Network Formation, and the Wen Theorem,” Review of Development Economics, 6(3), October, 415–27

Walrasian Economics

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Contents

Frontmatter
pp i-vi

Contents
pp vii-viii

Preface
pp ix-x

Introduction
pp 1-20

Part I - Walras's ideas
pp 21-22

1 - General philosophy and methodology
pp 23-57

2 - Economic philosophy and methodology
pp 58-84

3 - Methods of evaluation of economic theory
pp 85-112

4 - Human nature
pp 113-139

5 - Basic sub-models
pp 140-172

6 - Rationale for the written pledges sketch and its characteristics
pp 173-196

7 - Some bibliographical remarks
pp 197-206

8 - The definitive bibliography of the writings of Léon Walras
pp 207-256

Part II - Walras's influence
pp 257-258

9 - Models constructed by Walras's contemporaries and immediate successors
pp 259-287

10 - Models drawing upon the heritage of the written pledges sketch, 1930 to 1971
pp 288-312

11 - Concluding comments: Walras's ideas in modern economics
pp 313-316

References
pp 317-333

References and Bibliography for Chapter 11
pp 334-344

Index
pp 345-357

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Walrasian Economics

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