IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-04007843.html
   My bibliography  Save this paper

Walker's empiricist interpretation of Walras’s tatonnement
[Le "biais empiriste" dans l'interprétation de Walker du tâtonnement walrassien]

Author

Listed:
  • Emeric Lendjel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, GRESE - Groupe de Recherches Epistémologiques et Socio-Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne)

Abstract

This paper is devoted to Walker's interpretation of Walras's tatonnement models. This interpretation is based upon a realist epistemology that Walker, in our opinion, assumed in Walras's thought. According to Walker, each statement of Walras has an empirical content, and can be compared to reality for its validation. However, this realist reading contradicts Walras's own rationalist method. This has three major consequences. First, the "empiricist bias" leads Walker to find two models of tatonnement where only one is usually considered. Second, Walker sometimes confuses what Walras called human facts with natural facts. Third, Walker puts forward an alternative view of Walras's edifice based on the articulation of institutions, procedures, rules and participants' behaviour. Usually, one considers Walras's Eléments d'économie politique pure as a rationalist edifice, where concepts are progressively introduced, step by step, from the simple to the more complex. Walker does not respect this architectonic unity.

Suggested Citation

  • Emeric Lendjel, 1997. "Walker's empiricist interpretation of Walras’s tatonnement [Le "biais empiriste" dans l'interprétation de Walker du tâtonnement walrassien]," Post-Print halshs-04007843, HAL.
  • Handle: RePEc:hal:journl:halshs-04007843
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04007843
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-04007843/document
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-04007843. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.