KnowraArrow–Debreu modelLinked fromLinked fromThe 7 pages that link to Arrow–Debreu model, each with the reason it gives.All 7Broader topic 6Related 1Neoclassical economicsBroader topic: It gave mathematical precision to claims about equilibrium and competitive markets.Kenneth ArrowBroader topic: It formalized competitive equilibrium across contingent commodities, extending Arrow’s equilibrium work.General equilibrium theoryBroader topic: It provides a comprehensive framework for proving equilibrium and welfare results.Léon WalrasBroader topic: It extends Walras’s system into a rigorous framework for modern equilibrium analysis.Walrasian equilibriumRelated: It provides a rigorous setting for proving existence of Walrasian equilibria.Kakutani fixed-point theoremBroader topic: Fixed-point arguments help prove existence of competitive equilibria in general-equilibrium models.Gérard DebreuBroader topic: It gives a comprehensive setting for Debreu’s equilibrium analysis.