Price-Takers vs. Great Numbers: Rethinking the Edgeworth-Walras Convergence on Perfect Competition 'A La Debreu-Scarf
Author(s) -
Carlos Andres Alvarez,
Diana Guevara,
Edwin López,
Juan Pablo Garćıa-Vázquez
Publication year - 2008
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1330486
Subject(s) - economics , convergence (economics) , mathematical economics , competition (biology) , mathematics , macroeconomics , biology , ecology
This paper is part of a larger research project on the evolution of the Perfect Competition concept in a historical perspective. We try to follow the changes this concept has gone through from the different alternative views during the so-called "Marginal Revolution" towards the consolidation of the price-taker hypothesis.
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