Econometrica Vol. 42 No. 3 1974
An Axiomatic Characterization of the Price Mechanism
Abstract
[A set of independent axioms are exhibited which characterize the price mechanism. The Debreu-Scarf limit theorem on the core of an economy and a category theory viewpoint are employed in the analysis.]
- DOI
- 10.2307/1911782
- Volume
- 42
- Issue
- 3
- Pages
- 425
- Sources
- bibtex:phds-export.bib crossref openalex