Titlebook: Equilibrium and Disequilibrium in Economic Theory; Proceedings of a Con Gerhard Schw?diauer Conference proceedings 1978 D. Reidel Publishin

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Competitive and Controlled Price Economies: The Arrow-Debreu Model Revisited for a Competitive Economy’ by Kenneth Arrow and Gerard Debreu [1], the existence of a competitive equilibrium in a closed economy was examined in terms of the existence of a noncooperative equilibrium point in the sense of Nash [8] in a game related to the closed market model. The apparent motivati

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