Arrow-Debreu Model versus Kornai-critique
More than forty-five years have passed since János Kornai published his book entitled „Anti-equilibrium” (Kornai, 1971). This was the first scientific work in the international literature that provided a comprehensive critique on the general equilibrium theory as described in Debreu’s theory of pric...
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| Format: | Article |
| Language: | English |
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Athens Institute for Education and Research
2017-04-01
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| Series: | Athens Journal of Business & Economics |
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| Online Access: | https://www.athensjournals.gr/business/2017-3-2-4-Moczar.pdf |