Abstract
One of the most important models which attract an enormous interest by economists while studying a market economy is the General Equilibrium Model. Since the works by Kenneth Arrow and Gerard Debreu during 1950s, the General Equilibrium Models has been developed quickly employing mathematic and computational tools. This article introduces the Debreu model for a competitive economy. The policy implications for Vietnam during the transition period of the economy are suggested and discussed.
| Translated title of the contribution | The Debreu General Equilibrium Model for a Competitive Economy and Policy Implications for Vietnam |
|---|---|
| Original language | Vietnamese |
| Article number | 126 |
| Pages (from-to) | 34-35 |
| Journal | Tap chi Phat trien Kinh te |
| Volume | 4 |
| Publication status | Published - 2001 |
Keywords
- Mathematical Economics
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