4
$\begingroup$

I'm looking for other attempts to axiomatize/mathematize the model of an economy from the ground up, into a sort of a long-winded general mathematical model, as it is done in Debreu's Theory of Value. Are there any other such examples in economics?

$\endgroup$
4
  • $\begingroup$ Most modern advanced textbooks of microeconomics do that. $\endgroup$ Commented Apr 3, 2023 at 18:51
  • $\begingroup$ @MichaelGreinecker Could you provide examples of such textbooks, please? $\endgroup$
    – Athaeneus
    Commented Apr 4, 2023 at 14:54
  • $\begingroup$ Standard textbooks covering this model are, for example, "Microeconomic Theory" by Mas-Colell, Whinston, Green, or "Microeconomic Foundations I" by David Kreps. $\endgroup$ Commented Apr 4, 2023 at 15:36
  • $\begingroup$ Almost any graduate text on microeconomics is axiomatized and starts with much of Debreu's theory (existence of utility representations of preferences, equivalence between choice, preferences, and utility etc) along with basic consumer and producer theory which follow directly from this foundational material. The only mainstream exception I think of is Chicago Price Theory, written by Kevin Murphy and others. $\endgroup$ Commented Apr 7, 2023 at 0:45

0

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.