On the mathematical foundations of political economy
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.
|Date of creation:||1990|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Donald J. Brown & Geoffrey M. Heal, 1978.
"Equity, Efficiency and Increasing Returns,"
Cowles Foundation Discussion Papers
504, Cowles Foundation for Research in Economics, Yale University.
- 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.
- John Geanakoplos & Geoffrey M. Heal, 1982. "A Geometric Explanation of the Transfer Paradox in a Stable Economy," Cowles Foundation Discussion Papers 651, Cowles Foundation for Research in Economics, Yale University.
- 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 957-78, December.
- Debreu, Gerard, 1976. "Regular Differentiable Economies," American Economic Review, American Economic Association, vol. 66(2), pages 280-87, May.
- Chichilnisky, Graciela, 1990. "General equilibrium and social choice with increasing returns," MPRA Paper 8124, University Library of Munich, Germany.
- 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 189-93, May.
- 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.
- Chichilnisky, Graciela, 1991. "Development at the turn of our century," MPRA Paper 8133, University Library of Munich, Germany.
- Chichilnisky, Graciela, 1980. "Social choice and the topology of spaces of preferences," MPRA Paper 8006, University Library of Munich, Germany.
- 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.
- Chichilnisky, Graciela, 1986. "A general equilibrium theory of North-South trade," MPRA Paper 8810, University Library of Munich, Germany.
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:8123. 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: (Joachim Winter)
If references are entirely missing, you can add them using this form.