General equilibrium theory is one of the major research pro- grams in modern economics. It aims to describe and understand the functioning and properties of market economies. Develop- ments of and reactions to this program constitute a major part of economics. In order to achieve its ends， general equilibrium theory focuses on four broad questions. First， under what conditions do equilibrium states exist? Second， under what conditions are equilibrium states optimal? Third， are equilibrium states relatively small in number， stable relative to adjustment processes and do they behave predictably in the face of shocks to the economy? Fourth， are equilibrium states congruent with nactual economic data?
Preface
Acknowledgements
Chapter 1: GeneralEquilibrium Theory: An Overview
Chapter 2: Existence ofEquilibrium: Sufficient Conditions
Chapter 3: Existence ofEquilibrium: Necessary Conditions
Chapter 4: Equilibrium andlrreducibility: Some Empirical Evidence
Chapter 5: Existence of Equilibrium Under Alternative Income Conditions
Chapter 6: Existence ofWalrasian Equilibrium in Some Non-Arrow-Debreu Environments
Chapter 7: Uniqueness ofEquilibrium
Chapter 8: Stability of Equilibrium
Chapter 9: Optimality ofEquilibrium
Chapter 10: Comparative Statics of Equilibrium States
Chapter 11: Empirical Evidence on General Equilibrium
Chapter 12: GeneralEquilibrium Theory in Retrospect
References
Preface
Acknowledgements
Chapter 1: GeneralEquilibrium Theory: An Overview
Chapter 2: Existence ofEquilibrium: Sufficient Conditions
Chapter 3: Existence ofEquilibrium: Necessary Conditions
Chapter 4: Equilibrium andlrreducibility: Some Empirical Evidence
Chapter 5: Existence of Equilibrium Under Alternative Income Conditions
Chapter 6: Existence ofWalrasian Equilibrium in Some Non-Arrow-Debreu Environments
Chapter 7: Uniqueness ofEquilibrium
Chapter 8: Stability of Equilibrium
Chapter 9: Optimality ofEquilibrium
Chapter 10: Comparative Statics of Equilibrium States
Chapter 11: Empirical Evidence on General Equilibrium
Chapter 12: GeneralEquilibrium Theory in Retrospect
References
Index
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