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A Set of Axioms for Neoclassical Economics and the Methodological Status of the Equilibrium Concept

Published online by Cambridge University Press:  05 December 2008

Arnis Vilks
Arnis Vilks
Affiliation:
Universität Hamburg, Institut für Statistik und Ökonometrie, Germany
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Extract

It is widely agreed that the concept of general equilibrium and, in particular, general equilibrium existence proofs play a central role within the neoclassical approach to economic theory. There is much less agreement, however, on the concepts of general equilibrium and of neoclassical economic theory themselves.

Type
Essays
Information
Economics & Philosophy , Volume 8 , Issue 1 , April 1992 , pp. 51 - 82
Copyright
Copyright © Cambridge University Press 1992

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