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Leon Walras: Elements of Theoretical Economics: Or, The Theory of Social Wealth

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Léon Walras: Elements of Theoretical Economics: Or, The Theory of Social Wealth - Walras, Léon, and Walker, Donald A. (Edited and translated by), and van Daal, Jan (Edited and translated by)
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In his fourth edition of ???l???m???nts d'???conomie politique pure (1900), Le???n Walras introduced the device of written pledges to eliminate path dependency: sellers of products and services write out commitments to supply certain quantities at suggested prices with no commodities actually produced and supplied until a set of prices is found at which supply and demand are equal simultaneously in every market. This brought about very serious alterations to the character of the book. Unfortunately, these changes resulted ...

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Léon Walras: Elements of Theoretical Economics: Or, The Theory of Social Wealth 2019, Cambridge University Press, Cambridge

ISBN-13: 9781107651456

Trade paperback

Léon Walras: Elements of Theoretical Economics: Or, The Theory of Social Wealth 2014, Cambridge University Press, Cambridge

ISBN-13: 9781107064133

Hardcover