| 31. | One concept that is central to Humboldtian science is that of a general equilibrium of forces.
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| 32. | Thus, it connects two research fields which were previously unrelated : fair cake-cutting and general equilibrium.
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| 33. | Until the 1970s general equilibrium analysis remained theoretical.
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| 34. | To model the scale of this effect, economists use computational general equilibrium ( CGE ) models.
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| 35. | ZEW s expertise lies particularly in the area of applied microeconometrics and in computable general equilibrium models.
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| 36. | Walras'proofs of the existence of general equilibrium often were based on the counting of equations and variables.
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| 37. | General equilibrium theory points to a number of difficulties with partial participation ( p . 31 ).
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| 38. | In contrast, general equilibrium models in the microeconomic tradition typically involve a multitude of different goods markets.
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| 39. | Real business cycle modelers sought to build macroeconomic models based on microfoundations of Arrow Debreu general equilibrium.
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| 40. | Walras'law was introduced as a theoretical answer to the problem of determining the solutions in general equilibrium.
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