Definition of Walrasian. Meaning of Walrasian. Synonyms of Walrasian

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Definition of Walrasian

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Meaning of Walrasian from wikipedia

- A Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible...
- The theory reached its modern form with the work of Lionel W. McKenzie (Walrasian theory), Kenneth Arrow and Gérard Debreu (Hicksian theory) in the 1950s...
- amplified by Joseph Schumpeter. For Walras, exchanges only take place after a Walrasian tâtonnement (French for "trial and error"), guided by the auctioneer,...
- Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium, introduced by Kenneth Arrow and Gérard Debreu in 1951...
- in the context of partial equilibrium theory, it is sometimes called Walrasian demand as used in general equilibrium theory (named after Léon Walras)...
- In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions...
- Ben-Zwi, Oren; Lavi, Ron; Newman, Ilan (2013). "Ascending auctions and Walrasian equilibrium". arXiv:1301.1153 [cs.GT]. Mierendorff, Konrad (2013). "The...
- short-period equilibria has been sometimes applied[by whom?] to post-Walrasian equilibria. On other occasions, Keynes's notion of equilibrium was mostly...
- rate of unemployment' ... is the level that would be ground out by the Walrasian system of general equilibrium equations, provided there is embedded in...
- Uniform price Unique bid Value of revenues Vickrey Vickrey–Clarke–Groves Walrasian Yankee Bidding Shading Calor licitantis Cancellation hunt Jump Rigging...