Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
4636882 | Applied Mathematics and Computation | 2006 | 10 Pages |
Abstract
A constructive and recursion theoretic analysis of the standard computable general equilibrium (CGE) model of economic theory is undertaken. It is shown, contrary to widely expressed views and textbook versions of the CGE model, that the standard CGE model is neither computable nor constructive in the strict mathematical senses.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
K. Vela Velupillai,