Algorithmic foundations of computable general equilibrium theory

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摘要

A constructive and recursion theoretic analysis of the standard computable general equilibrium (CGE) model of economic theory is undertaken. It is shown, contrary to widely expressed views and textbook versions of the CGE model, that the standard CGE model is neither computable nor constructive in the strict mathematical senses.

论文关键词:General equilibrium theory,CGE models,Mathematical economics,Computability,Constructivity

论文评审过程:Available online 20 January 2006.

论文官网地址:https://doi.org/10.1016/j.amc.2005.11.113