Advanced Search
MyIDEAS: Login to save this article or follow this journal

Le problème de la variation des prix. Les limites de la théorie walrassienne

Contents:

Author Info

  • Carlo Benetti
Registered author(s):

    Abstract

    [fre] Cet article propose un modèle d'équilibre général en tous points identique au modèle walrassien, à cette différence près qu'il incorpore un mécanisme de variation endogène des prix qui permet d'éliminer le crieur de prix walrassien. Le problème de K. Arrow est ainsi résolu sans qu'il soit nécessaire d'introduire la concurrence imparfaite. Ce modèle montre aussi que la règle de variation des prix suivant la loi de l'offre et de la demande, exogène dans la théorie standard, est liée logiquement à la notion walrassienne d'agent preneur de prix. Ces deux propriétés du modèle walrassien ne sont vérifiées que dans des conditions trop restrictives et économiquement insatisfaisantes. [eng] The problem of price change: the limits of the walrasian theory. . This paper proposes a general equilibrium model in all respects identical to the Walrasian one, except that it includes a mechanism by which prices change endogenously. The Walrasian auctioneer is eliminated and, consequently, the problem put forward by K. Arrow is solved without introducing imperfect competition. This model also shows that the rule of price change according to the law of supply and demand, which is exogenous in the standard general equilibrium theory, is logically related to the Walrasian price taker individual behavior. These two properties of the Walrasian model depend on too restrictive and economically unsatisfactory conditions.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.persee.fr/web/revues/home/prescript/article/reco_0035-2764_2002_num_53_5_410453
    Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

    File URL: http://www.persee.fr/articleAsPDF/reco_0035-2764_2002_num_53_5_410453/reco_0035-2764_2002_num_53_5_410453.pdf?mode=light
    Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Programme National Persée in its journal Revue économique.

    Volume (Year): 53 (2002)
    Issue (Month): 5 ()
    Pages: 917-931

    as in new window
    Handle: RePEc:prs:reveco:reco_0035-2764_2002_num_53_5_410453

    Note: DOI:10.2307/3503034
    Contact details of provider:
    Web page: http://www.persee.fr/web/revues/home/prescript/revue/reco

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Pascal Bridel & Elisabeth Huck, 2002. "Yet another look at Leon Walras's theory of tatonnement," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(4), pages 513-540.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:prs:reveco:reco_0035-2764_2002_num_53_5_410453. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.