Zaman, Asad and Saglam, Ismail (2010): The conflict between general equilibrium and the Marshallian cross.
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Abstract
This paper illustrates on a simple model of production economy how the concept of partial equilibrium can be in an unresolvable conflict with the general equilibrium.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | The conflict between general equilibrium and the Marshallian cross |
| English Title: | The Conflict Between General Equilibrium and the Marshallian Cross |
| Language: | English |
| Keywords: | Demand curve; Partial equilibrium; General equilibrium |
| Subjects: | D - Microeconomics > D0 - General > D01 - Microeconomic Behavior: Underlying Principles |
| Item ID: | 33256 |
| Depositing User: | Ismail Saglam |
| Date Deposited: | 09 Sep 2011 11:22 |
| Last Modified: | 26 Sep 2019 20:56 |
| References: | Card, D. and A. Krueger, 1997. Myth and Measurement: The Economics of the Minimum Wage. Princeton University Press, 1997. Lee, F. S. and S. Keen, 2004. The Incoherent Emperor: A Heterodox Critique of Neoclassical Microeconomic Theory, Review of Social Economy, Vol. LXII, No. 2, June 2004. Steedman, I. 1988. Sraffian Interdependence and Partial Equilibrium Analysis, Cambridge Journal of Economics, 12.1 (March): 85-95. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/33256 |
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