Abstract

[This] beautiful and austere book . . . [is] an important landmark of economic theory.-F.H. Hahn, Journal of Political Economy An immortal classic of twentieth century economics. Every economist should own a copy.-Robert Lucas, University of Chicago Theory of Value offers a rigorous, axiomatic, and formal analysis of producer behavior, consumer behavior, general equilibrium, and the optimality of the market mechanism for resource allocation.

Keywords

AxiomEconomicsMathematical economicsValue (mathematics)Axiomatic systemValue theoryEconomic analysisNeoclassical economicsMicroeconomicsPositive economicsMathematicsClassical economicsPhilosophyEpistemology

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Publication Info

Year
1960
Type
article
Volume
27
Issue
2
Pages
149-149
Citations
1805
Access
Closed

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Cite This

Cleon Harrell, Gérard Debreu (1960). Theory of Value: An Axiomatic Analysis of Economic Equilibrium. Southern Economic Journal , 27 (2) , 149-149. https://doi.org/10.2307/1055180

Identifiers

DOI
10.2307/1055180