General Equilibrium and Welfare in International Trade

General equilibrium is investigated in the tradition of Cournot, Mill, and Marshall, as applied to countries rather than individuals, on the assumption that individual preferences can be aggregated. This includes the competitive equilibrium of free trade, as well as of restricted trade resulting fro...

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Bibliographic Details
Main Author: John S. Chipman
Format: Article
Language:English
Published: Association Œconomia 2012-03-01
Series:Œconomia
Subjects:
Online Access:http://journals.openedition.org/oeconomia/1641