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Equilibrium and Disequilibrium in Walrasian and Neo-Walrasian Economics

Published online by Cambridge University Press:  11 June 2009

Michel De Vroey
Michel De Vroey
Affiliation:
Université catholique de Louvain, Belgium
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Extract

In his 1989 Cambridge doctoral dissertation, The Concept of Equilibrium in Neoclassical Theory, Franco Donzelli observed that, “The history of the neoclassical approach over the last one hundred and twenty years can be interpreted as a history of the relationship between instantaneous and stationary equilibrium models, on the one hand, and of the developments internal to either class of models, on the other” (Donzelli 1989, p. 31).

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Type
Research Article
Information
Journal of the History of Economic Thought , Volume 24 , Issue 4 , December 2002 , pp. 405 - 426
Copyright
Copyright © The History of Economics Society 2002

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References

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