Petri (University of Siena) argues that many of the problems of general equilibrium theory arose with the shift from the traditional long-period method in the study of value and distribution to the very- short-period method characteristic of contemporary theory. He asserts that mathematical economists influenced by Hick's Value and capital inherite
Petri (University of Siena) argues that many of the problems of general equilibrium theory arose with the shift from the traditional long-period metho...