The Arrow-Debreu model: How math can hide a fatal conceptual error

Overview of attention for article published in Forum for Social Economics, January 2000

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@peligrietzer Went deeper down the rabbit hole, and it looks like there *are* profits in Arrow-Debreu general equilibrium, but not in the (related) McKenzie general equilibrium -- *but* this has been criticized as a flaw in Arrow-Debreu! https://t.co/ywhJ

19 Jan 2024

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@gappy3000 @interfluidity Gappy will like this http://t.co/Af7f07qibp "How math can hide a fatal conceptual error" via @WorldBank economist

20 Jul 2014

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