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On The Mathematical Foundations Of Political Economy

Listed author(s):
  • GRACIELA CHICHILNISKY

Political economy views economic issues through the lens of political organisation. In today's world, it must focus on the roles of markets and of democracy, two concepts which are driving revolutionary changes in the political organisation of both Europe and Asia. There are two main paradigms for the analysis of markets and democracy, both of which have been mathematically advanced over a number of years: the general equilibrium theory of markets, and social choice theory, which examines practical aspects of democracy.' While it is true that political economy has made some limited use of the latter in order to examine political-economic issues of democracy, it has made little use of the former, the theory of market behaviour.

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File URL: http://hdl.handle.net/10.1093/oxfordjournals.cpe.a035753
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Article provided by Oxford University Press in its journal Contributions to Political Economy.

Volume (Year): 9 (1990)
Issue (Month): 1 ()
Pages: 25-41

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Handle: RePEc:oup:copoec:v:9:y:1990:i:1:p:25-41.
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  1. Geanakoplos, John & Heal, Geoffrey, 1983. "A geometric explanation of the transfer paradox in a stable economy," Journal of Development Economics, Elsevier, vol. 13(1-2), pages 223-236.
  2. Findlay, Ronald & Kierzkowski, Henryk, 1983. "International Trade and Human Capital: A Simple General Equilibrium Model," Journal of Political Economy, University of Chicago Press, vol. 91(6), pages 957-978, December.
  3. Chichilnisky, Graciela, 1981. "Terms of trade and domestic distribution : Export-led growth with abundant labour," Journal of Development Economics, Elsevier, vol. 8(2), pages 163-192, April.
  4. Debreu, Gerard, 1976. "Regular Differentiable Economies," American Economic Review, American Economic Association, vol. 66(2), pages 280-287, May.
  5. Chichilnisky, Graciela, 1980. "Social choice and the topology of spaces of preferences," MPRA Paper 8006, University Library of Munich, Germany.
  6. Donald J. Brown & Geoffrey Heal, 1979. "Equity, Efficiency and Increasing Returns," Review of Economic Studies, Oxford University Press, vol. 46(4), pages 571-585.
  7. Chichilnisky, Graciela, 1986. "A general equilibrium theory of North-South trade," MPRA Paper 8810, University Library of Munich, Germany.
  8. Chichilnisky, Graciela, 1980. "Basic goods, the effects of commodity transfers and the international economic order," Journal of Development Economics, Elsevier, vol. 7(4), pages 505-519, December.
  9. Chichilnisky, Graciela, 1983. "The transfer problem with three agents once again : Characterization, uniqueness and stability," Journal of Development Economics, Elsevier, vol. 13(1-2), pages 237-247.
  10. Lysy, Frank J., 1985. "Graciela Chichilnisky's model of North-South trade," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 503-539, August.
  11. Chichilnisky, Graciela, 1990. "General equilibrium and social choice with increasing returns," MPRA Paper 8124, University Library of Munich, Germany.
  12. Brown, Donald J & Heal, Geoffrey M, 1983. "Marginal vs. Average Cost Pricing in the Presence of a Public Monopoly," American Economic Review, American Economic Association, vol. 73(2), pages 189-193, May.
  13. Chichilnisky, Graciela, 1991. "Development at the turn of our century," MPRA Paper 8133, University Library of Munich, Germany.
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