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General equilibrium with free entry: A synthetic approach to the theory of perfect competition

Novshek, William and Sonnenschein, Hugo F. (1987) General equilibrium with free entry: A synthetic approach to the theory of perfect competition. Journal of Economic Literature, 25 (3). pp. 1281-1306. ISSN 0022-0515. https://resolver.caltech.edu/CaltechAUTHORS:20171114-155432175

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Abstract

The essay is dedicated to the memory of Tjalling Koopmans (1910-1985). Our purpose has been to communicate to the nonspecialist an aspect of mathematical economics that has been developed since Koopman's masterful exposition of general equilibrium theory (1957). It is very difficult to do the job as well as Professor Koopmans, but he urged us all to try.


Item Type:Article
Related URLs:
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http://www.jstor.org/stable/2726028JSTORArticle
http://resolver.caltech.edu/CaltechAUTHORS:20170921-141049783Related ItemWorking Paper
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ContributionOther Contributors NameIdentifierPersonID (may be blank)
EditorElms, SusanElms-SUNSPECIFIED
Additional Information:© 1987 American Economic Association We gratefully acknowledge the support of the National Science Foundation and our universities. We also thank Susan Elms for editorial assistance. Formerly SSWP 497.
Subject Keywords:Market prices, Market equilibrium, Food economics, Recreation, Consumer prices, Demand, Consumer economics, Aggregate production, Economic theory, Supply
Issue or Number:3
Record Number:CaltechAUTHORS:20171114-155432175
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20171114-155432175
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83210
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:15 Nov 2017 23:05
Last Modified:03 Oct 2019 19:03

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