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Yves Balasko
Yves Balasko is a French economist working in England. He was born in Paris on 9 August 1945 to a Hungarian father and a French mother. After studying mathematics at the École Normale Supérieure in Paris he became interested in economics. He subsequently spent six years at Électricité de France where he was involved in the application of the theory of marginal cost pricing to electricity pricing. While at Électricité de France, he proved his first results on the structure of the equilibrium manifold in the theory of general equilibrium. After completing his dissertation on "L'équilibre économique du point de vue differentiel" (English: "The Economic equilibrium from the differential point of view"), he had positions at the Universities of Paris XII, Paris I, Geneva and York. In 2013, he held a visiting scholar position at Pontifical Catholic University of Rio de Janeiro, in Brazil. Since 2014, he has returned to York University. He is a Fellow of the Econometric Society s ...
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Gérard Debreu
Gérard Debreu (; 4 July 1921 – 31 December 2004) was a French-born economist and mathematician. Best known as a professor of economics at the University of California, Berkeley, where he began work in 1962, he won the 1983 Nobel Memorial Prize in Economic Sciences. Biography His father was the business partner of his maternal grandfather in lace manufacturing, a traditional industry in Calais. Debreu was orphaned at an early age, as his father committed suicide and his mother died of natural causes. Prior to the start of World War II, he received his baccalauréat and went to Ambert to begin preparing for the entrance examination of a grande école. Later on, he moved from Ambert to Grenoble to complete his preparation, both places being in Vichy France during World War II. In 1941, he was admitted to the École Normale Supérieure in Paris, along with Marcel Boiteux. He was influenced by Henri Cartan and the Bourbaki writers. When he was about to take the final examinati ...
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General Equilibrium Theory
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts with the theory of ''partial'' equilibrium, which analyzes a specific part of an economy while its other factors are held constant. General equilibrium theory both studies economies using the model of equilibrium pricing and seeks to determine in which circumstances the assumptions of general equilibrium will hold. The theory dates to the 1870s, particularly the work of French economist Léon Walras in his pioneering 1874 work ''Elements of Pure Economics''. The theory reached its modern form with the work of Lionel W. McKenzie (Walrasian theory), Kenneth Arrow and Gérard Debreu (Hicksian theory) in the 1950s. Overview Broadly speaking, general equilibrium tries to give ...
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Mathematical Economists
Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. Often, these applied methods are beyond simple geometry, and may include differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, or other computational methods.TOC.
Proponents of this approach claim that it allows the formulation of theoretical relationships with rigor, generality, and simplicity. Mathematics allows economists to form meaningful, testable propositions about wide-ranging and complex subjects which could less easily be expressed informally. Further, the language of mathematics allows economists to make specific, positive claims about controve ...
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École Normale Supérieure Alumni
École or Ecole may refer to: * an elementary school in the French educational stages normally followed by secondary education establishments (collège and lycée) * École (river), a tributary of the Seine flowing in région Île-de-France * École, Savoie, a French commune * École-Valentin, a French commune in the Doubs département * Grandes écoles, higher education establishments in France * The École The École, formerly Ecole Internationale de New York, is an intimate and independent French-American school, which cultivates an internationally minded community of students from 2 to 14 years old in New York City’s vibrant Flatiron Distric ..., a French-American bilingual school in New York City * Ecole Software, a Japanese video-games developer/publisher {{disambiguation, geo ...
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General Equilibrium Theorists
A general officer is an Officer (armed forces), officer of high rank in the army, armies, and in some nations' air force, air and space forces, marines or naval infantry. In some usages, the term "general officer" refers to a rank above colonel."general, adj. and n.". OED Online. March 2021. Oxford University Press. https://www.oed.com/view/Entry/77489?rskey=dCKrg4&result=1 (accessed May 11, 2021) The adjective ''general'' had been affixed to officer designations since the late medieval period to indicate relative superiority or an extended jurisdiction. French Revolutionary system Arab system Other variations Other nomenclatures for general officers include the titles and ranks: * Adjutant general * Commandant-General, Commandant-general * Inspector general * General-in-chief * General of the Air Force (USAF only) * General of the Armies, General of the Armies of the United States (of America), a title created for General John J. Pershing, and subsequently grante ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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1945 Births
1945 marked the end of World War II, the fall of Nazi Germany, and the Empire of Japan. It is also the year concentration camps were liberated and the only year in which atomic weapons have been used in combat. Events World War II will be abbreviated as “WWII” January * January 1 – WWII: ** Germany begins Operation Bodenplatte, an attempt by the ''Luftwaffe'' to cripple Allied air forces in the Low Countries. ** Chenogne massacre: German prisoners are allegedly killed by American forces near the village of Chenogne, Belgium. * January 6 – WWII: A German offensive recaptures Esztergom, Hungary from the Soviets. * January 9 – WWII: American and Australian troops land at Lingayen Gulf on western coast of the largest Philippine island of Luzon, occupied by Japan since 1942. * January 12 – WWII: The Soviet Union begins the Vistula–Oder Offensive in Eastern Europe, against the German Army. * January 13 – WWII: The Soviet Union begins the East Prussia ...
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Differential Topology
In mathematics, differential topology is the field dealing with the topological properties and smooth properties of smooth manifolds. In this sense differential topology is distinct from the closely related field of differential geometry, which concerns the ''geometric'' properties of smooth manifolds, including notions of size, distance, and rigid shape. By comparison differential topology is concerned with coarser properties, such as the number of holes in a manifold, its homotopy type, or the structure of its diffeomorphism group. Because many of these coarser properties may be captured algebraically, differential topology has strong links to algebraic topology. The central goal of the field of differential topology is the classification of all smooth manifolds up to diffeomorphism. Since dimension is an invariant of smooth manifolds up to diffeomorphism type, this classification is often studied by classifying the ( connected) manifolds in each dimension separately: * In ...
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Incomplete Asset Markets
Incomplete may refer to: * Unfinished creative work * An incomplete formal system, see Completeness (logic) * Gödel's incompleteness theorems, a specification of logic * "Incomplete" (Bad Religion song), 1994 * "Incomplete" (Sisqó song), 1999 * "Incomplete" (Backstreet Boys song), 2005 * "Incomplete" (Hoobastank song), 2013 * ''Incomplete'' (Nembrionic album), or the title track * ''Incomplete'' (Diaura album), 2015 * Incomplete pass, a gridiron football term * Incomplete abortion (or incomplete miscarriage), a medical term * "Incomplete", a song by Alanis Morissette on the 2008 album ''Flavors of Entanglement'' * “Incomplete”, an episode of ''The Good Doctor'' See also * Completeness (other) Complete may refer to: Logic * Completeness (logic) * Completeness of a theory, the property of a theory that every formula in the theory's language or its negation is provable Mathematics * The completeness of the real numbers, which implies t ...
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Overlapping Generations Model
The overlapping generations (OLG) model is one of the dominating frameworks of analysis in the study of macroeconomic dynamics and economic growth. In contrast to the Ramsey–Cass–Koopmans model, Ramsey–Cass–Koopmans neoclassical growth model in which individuals are infinitely-lived, in the OLG model individuals live a finite length of time, long enough to overlap with at least one period of another agent's life. The OLG model is the natural framework for the study of: (a) the life-cycle behavior (investment in human capital, work and Retirement plan, saving for retirement), (b) the implications of the resource allocation, allocation of resources across the generations, such as Social security, Social Security, on the income per capita in the long-run, (c) the determinants of economic growth in the course of human history, and (d) the factors that triggered the Demographic transition, fertility transition. History The construction of the OLG model was inspired by Irvin ...
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