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Published September 1987 | Published
Journal Article Open

General equilibrium with free entry: A synthetic approach to the theory of perfect competition

Abstract

The essay is dedicated to the memory of Tjalling Koopmans (1910-1985). Our purpose has been to communicate to the nonspecialist an aspect of mathematical economics that has been developed since Koopman's masterful exposition of general equilibrium theory (1957). It is very difficult to do the job as well as Professor Koopmans, but he urged us all to try.

Additional Information

© 1987 American Economic Association We gratefully acknowledge the support of the National Science Foundation and our universities. We also thank Susan Elms for editorial assistance. Formerly SSWP 497.

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