Why the simple model of exchange is a special case of the static Arrow- Hurwicz model?
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Why the simple model of exchange is a special case of the static Arrow- Hurwicz model?
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The simple model of exchange and the static ArrowDebreu model are both examples of general equilibrium models in economics These models attempt to exp...View the full answer
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Related Book For
Microeconomics Static And Dynamic Analysis Springer Texts In Business And Economics
ISBN: 9783031105531
1st Edition
Authors: Krzysztof Malaga, Karolina Sobczak
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