Working Paper Number
This paper argues that the abandonment of general equilibrium theory by microeconomists was a mistake. It provides counter arguments to two of the reasons for that abandonment — lack of both generality and consistency with methodological individualism in uniqueness and stability analysis of equilibria — and urges microeconomists to refocus some of their attention on it.
Katzner, Donald W., "The Current Non-Status of General Equilibrium Theory" (2004). Economics Department Working Paper Series. 77.
Retrieved from https://scholarworks.umass.edu/econ_workingpaper/77