General Equilibrium Theory

基本解释

Arrow and Debreu’s “general equilibrium theory” seemed to give the stamp of scientific approval to unfettered markets.
阿罗和德布鲁的“一般平衡理论”似乎是在给毫无约束的市场盖上科学证明的印章。
By assuming away some most important factors, the general equilibrium theory represents the economy as a mechanical system.
抽掉许多现实因素的一般均衡理论，将经济描述为一个机械系统。
This paper uses the general equilibrium theory and model, disclose the formation mechanism of the stock price and realize its calculation concretely by the way of vector sign method.
本文采用一般均衡理论及其模型，揭示证券市场股票价格的形成机理，利用向量标号法计算股票的均衡价格，具体实现其计算。

According to the ASU website, Professor Prescott has altered the course of macroeconomic thinking over the past three decades with his research that spans such areas as business cycles, economic development and general equilibrium theory and finance.
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Sometimes the world works according to general equilibrium, but sometimes you need game theory.
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