Bryce KimAn addendum to the posts on Walrasian equilibriumAfter writing the posts on Walrasian equilibrium, I realized I should have written paragraphs connecting my first post on Walrasian…Jun 22, 2017Jun 22, 2017
Bryce KimOn Walrasian Arrow-Debreu General Equilibrium and Rational Expectation (2): No-trade theorem and…As in the previous story/post, when one says Walrasian analysis, it refers to Arrow-Debreu general equilibrium analysis, or shortening it…Jun 22, 2017Jun 22, 2017
Bryce KimOn Walrasian Arrow-Debreu General Equilibrium and Rational Expectation (1)Sometimes an obvious point is often forgotten, and importance of Walrasian Arrow-Debreu general equilibrium is one of them. (From now on, I…Jun 21, 2017Jun 21, 2017