Abstract

PELAEZ GRAMAJO, José Guillermo. Desequilibrio y tendencia al equilibrio en la teoría de Walras: Hipótesis implícita de información limitada. Econ: teor. práct [online]. 2009, n.31, pp.97-117. ISSN 2448-7481.

The aim of this essay is to analyze, in its merits and limitations, one of the forms of Walras' economic disequilibrium theory, namely, the lack of price uniqueness for each commodity, expressed in his theory of the arbitrage, unfortunately the lesser known-characteristic of disequilibrium. This essay proposes that in Walras exist an implicit hypothesis of limited information, which allows him explaining the imperfect equilibrium, before his examination of the arbitrage and his theory of the numerarie as well.

Keywords : lack of price uniqueness; arbitrage; numerarie; equilibrium; imperfect equilibrium; disequilibrium.

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