Rolf Mantel and the Computability of General Equilibria: On the Origins of the Sonnenschein-Mantel-Debreu Theorem

Abstract

General equilibrium theory (GET) took the entire edifice of economic theory by storm during the 1950s. Its elegant existence theorems, proved by, among others, Kenneth Arrow and Gerard Debreu (1954) and Lionel McKenzie (1959), provided a framework of analysis that made more precise and sound the main intuitions of the neoclassical school. An even more… (More)

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