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" Although many economists subscribe to the general-equilibrium notion that market prices can allocate energy resources efficiently over time, others such as FH Hahn have noted that the theory of general economic equilibrium can only be used as an argument... "
Interfuel Competition: Hearings Before the Subcommittee on Antitrust and ... - Página 441
por United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly - 1976 - 710 páginas
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On the Notion of Equilibrium in Economics: An Inaugural Lecture

F. H. Hahn - 1973 - 52 páginas
...difficulties. The Arro wDebreu equilibrium is very useful when for instance one comes to argue with someone who maintains that we need not worry about...always have prices which ensure their 'proper' use. Of course there are many things wrong with this contention but a quick way of disposing of the claim...
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Natural Gas Production and Conservation Act of 1974: Hearings Before the ...

United States. Congress. Senate. Committee on Commerce - 1974 - 376 páginas
...(2) encouraging "Enterprise" and preventing "Speculation" from dominating economic activities. 294 414 Brookings Papers on Economic Activity, 2:1974...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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Unemployment and the Economy, 1975: Hearings Before ..., 94-1, February 12 ...

United States. Congress. Senate. Labor and Public Welfare Committee - 1975 - 996 páginas
...of another. Expressed differently, the prices are appropriate indicators of social scarcity. . . .* Although many economists subscribe to the general-equilibrium...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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Tax policy in the energy sector. International financial aspects of the ...

United States. Congress. House. Committee on Ways and Means - 1975 - 570 páginas
...of another. Expressed differently, the prices are appropriate indicators of social scarcity. . . .8 Although many economists subscribe to the general-equilibrium...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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The Energy Crisis and Proposed Solutions: Panel Discussions Before..., 94-1...

United States. Congress. House. Committee on Ways and Means - 1975 - 568 páginas
...of another. Expressed differently, the prices are appropriate indicators of social scarcity. . . .e Although many economists subscribe to the general-equilibrium...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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Hearings, Reports and Prints of the Senate Committee on the Budget

United States. Congress. Senate. Committee on the Budget - 1975 - 406 páginas
...of another. Expressed differently, the prices are appropriate indicators of social scarcity. . . .* Although many economists subscribe to the general-equilibrium...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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The Economy and Fiscal Policy, 1974, Hearings Before ..., 93-2, December 11 ...

United States. Congress. Senate. Committee on the Budget - 1975 - 436 páginas
...general-equilibrium notion that market prices can allocate energy resources efficiently over tune, others such as FH Hahn have noted that the theory...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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Estimates of the Economic Cost of Producing Crude Oil: Printed at the ...

1976 - 456 páginas
...of another. Expressed differently, the prices are appropriate indicators of social scarcity. . . .8 Although many economists subscribe to the general-equilibrium...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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Hearings, Reports and Prints of the Senate Committee on Interior and Insular ...

United States. Congress. Senate. Committee on Interior and Insular Affairs - 1976 - 1492 páginas
...of another. Expressed differently, the prices are appropriate indicators of social scarcity. . . .« Although many economists subscribe to the general-equilibrium...is to note that an Arrow-Debreu equilibrium must be an assumption he is making for the economy and then to show why the economy cannot be in this state....
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