No CrossRef data available.
Article contents
À propos de la prétendue spécificité de l’approche classique
Published online by Cambridge University Press: 17 August 2016
Résumé
Dans cet article, je met en cause l’allégation de Duménil et Lévy selon laquelle l’« approche classique » offrirait une alternative au cadre conceptuel d’Arrow-Debreu en théorie micro-économique. Plus spécifiquement, l’argumentation développée dans cet article est à l’effet que les deux propositions principales de l’approche classique — l’égalité des taux de profits d’équilibre et l’indépendance des prix d’équilibre par rapport aux demandes des ménages — sont, respectivement, une caractéristique indissociable de l’équilibre général du modèle Arrow-Debreu et un cas particulier de ce cadre conceptuel. En outre, je soutiens la thèse que les modèles de déséquilibres de Duménil et Lévy sont ad hoc et, pour cette raison, sont incapables de fournir des fondements micro-économiques à la modélisation du comportement hors-équilibre du système économique.
Summary
In this paper, I question Duménil and Levy’s claim that the so-called “classical approach” provide an alternative to the standard Arrow-Debreu framework in Microeconomic Theory. More specifically, it is argued that the two main propositions set forth by the “classical” approach — equality amongst equilibrium profit rates and independence of equilibrium prices from household’s demands — are, respectively, congenial to the Arrow-Debreu general equilibrium model and a (very) particular case of this framework. Moreover, I argue that Duménil and Levy’s disequilibrium models are ad hoc and, for this reason, can not serve as microeconomic foundations for the behaviour of the economic system out of equilibrium.
- Type
- Research Article
- Information
- Recherches Économiques de Louvain/ Louvain Economic Review , Volume 61 , Issue 3 , 1995 , pp. 301 - 328
- Copyright
- Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 1995
References
Bibliographie
Aliprantis, C., Brown, D. et Burkinshaw, O. [1989], Existence and Optimality of Competitive Equilibria, Berlin, Springer Verlag.Google Scholar
Amir, R., Sahi, S., Shubik, M. et Yao, S. [1990], A Strategic Market Game with Complete Markets, Journal of Economic Theory, 51, pp. 126–143.Google Scholar
Aumann, R.J. [1966], The Existence of Competitive Equilibria in Markets with a Continuum of Traders
Econometrica, 34, pp. 1–17.Google Scholar
Arrow, K.J. [1951], Alternative Proof of the Substitution Theorem for Leontief Models in the General Case, in
Koopmans, T.C. (éd.), Activity Analysis of Production and Allocation, New-York, Wiley, pp. 155–164.Google Scholar
Arrow, K.J. [1953], Le Rôle des Valeurs Boursières pour la Répartition la Meilleure des Risques, Econometrie, Colloque International XL, Paris, CNRS, pp. 41–47 (traduction anglaise dans Review of Economic Studies, 31, 1964, pp. 91–96Google Scholar
Arrow, K.J. [1968], Economic Equilibrium, in
Sills, D.L. (éd), International Encyclopedia of The Social Sciences, New-York, Crowell Collier and Macmillan, vol. 4, pp. 376–386.Google Scholar
Arrow, K.J. [1971], The Firm in General Equilibrium Theory, in
Marris, R. and Wood, A. (éds), The Corporate Economy : Growth, Competition and Innovative Potential, Cambridge Mass., Harvard University Press; London, Macmillan, pp. 68–110.Google Scholar
Arrow, K.J. et Debreu, G. [1954], Existence of an Equilibrium for a Competitive Economy, Econometrica, 22, pp. 265–290.Google Scholar
Arrow, K.J. et Hahn, F. [1971], General Competitive Analysis, San-Francisco, Holden-Days.Google Scholar
Arrow, K.J. et Hurwicz, L. [1958], On The Stability of The Competitive Equilibrium, Econometrica, 26, pp. 522–552.Google Scholar
Arrow, K.J. et Starett, D. [1973], Cost-theoretical and Demand-theoretical Approaches to the Theory of Price Determination, in
Hicks, J.H. et Weber, W. (éds), Carl Menger and the Austrian School of Economics, Oxford, Clarendon Press, pp. 129–148.Google Scholar
Becker, G.S. [1965], A Theory of the Allocation of Time, Economic Journal, 75, pp. 493–517.Google Scholar
Butter, G. R. [1977], Equilibrium Price Distributions in a Random Meeting Market, Miméo, Princeton University,Google Scholar
Chernoff, H. [1954], Rational Solutions of Decision Functions, Econometrica, 22, p. 422.Google Scholar
Dana, R. A., Florenzano, M., Le Van, C. et Levy, D. [1989a], Production Prices and General Equilibrium Prices : A long Run Property of a Leontieff Economy, Journal of Mathematical Economics, 18, pp. 263–280.Google Scholar
Dana, R.A., Florenzano, M., Le Van, C. et Levy, D. [1989b], Assymptotic Properties of a Leontief Economy, Journal of Economic Dynamic and Control, 13, pp. 553–568.Google Scholar
Debreu, G. [1954], Representation of a Preference Ordering by a Numerical Function, in
Thrall, R.M., Coombs, C.H. et Davis, R.L. (éds), Decision Processes, New-York, Wiley, pp. 159–165.Google Scholar
Diamond, P. [1967], The Role of a Stock Market in a General Equilibrium Model with Technological Uncertainty, American Economic Review, 57, pp. 759–773.Google Scholar
Diamond, P. et Maskin, E. [1979], An Equilibrium Analysis of Search and Breach of Contract, I: Steady States, Bell Journal of Economics, 10, pp. 282–316.Google Scholar
Dlewert, W.E. [1974], Application of Duality Theory, in
Intriligator, M.D. et Kendricks, D.A. (éds), Frontiers of Quantitative Economics, vol II, Amsterdam, North Holland/American Elsevier.Google Scholar
Duménil, G. et Levy, D. [1985], The Classicals and the Neoclassicals: A Rejoinder to Frank Hahn, Cambridge Journal of Economics, 9, pp. 327–345.Google Scholar
Friedman, M. [1953], The Methodology of Positive Economics, in
Friedman, M. (éd.), Essays in Positive Economics, Chicago, Chicago University Press, pp. 3–43.Google Scholar
Gabszewicz, J.J. et Vial, J.P. [1972], Oligopoly “à la Cournot” in a General Equilibrium Analysis, Journal of Economic Theory
51, pp. 381–400.Google Scholar
Grandmont, J.M. [1988], Temporary Equilibrium: Selected Readings, New-York, Academic Press.Google Scholar
Hahn, F. et Negishi, T. [1962], A Theorem on Non-Tâtonnement stability, Econometrica, 30, pp. 463–469.Google Scholar
Hammond, P. [1976], Changing Tastes and Coherent Dynamic Choice, Review of Economic Studies, 43, pp. 159–173
Google Scholar
Houthakker, H.S. [1950], Revealed Preference and the Utility Function, Economica, 17, pp. 159–174.Google Scholar
Koopmans, T. [1964], On the Flexibility of Future Preferences, in Shelly, M. et Bryan, G. (éds), Human Judgement and Optimality, New-York, John Wiley and Sons.Google Scholar
Kreps, D.M. [1979], A Representation Theorem for Preference for Flexibility, Econometrica, 47, pp. 565–577.Google Scholar
Kreps, D.M. [1990], A Course in Microeconomic Theory, Princeton, Princeton University Press.Google Scholar
Lagueux, M. [1983], L’instrumentalisme de Milton Friedman: Limites et ambiguïtés, Université de Montréal, Département de sciences économiques, Cahier de recherches n ° 8307.Google Scholar
Lucas, R. [1973], Some International Evidence on Output-Inflation Trade off, American Economie Review, 63, pp. 326–324.Google Scholar
Malinvaud, E. [1953], Capital Accumulation and Efficient Allocation of Ressources, Econometrica, 21, pp. 233–268.Google Scholar
Marx, K. [1969], Le Capital, livre 1, Paris, Garnier-Flammarion (traduction de J. Roy).Google Scholar
Muth, J. [1961], Rational Expectations and the Theory of Price Movements, Econometrica, 39, pp. 315–334.Google Scholar
Negishi, T. [1961], On The Formation of Prices, International Economic Review, 2, pp. 122–126.Google Scholar
Negishi, T. [1962], The Stability of a Competitive Economy: A Survey Article, Econometrica, 30, pp. 635–669.Google Scholar
Novshek, W. [1981], Cournot Equilibrium with Free Entry, Review of Economic Studies, 52(1), pp. 85–98.Google Scholar
Novshek, W. et Sonnenchein, H. [1978], Cournot and Walras Equilibrium, Journal of Economic Theory, 19, pp. 223–266.Google Scholar
Osborne, M.J. et Rubinstein, A. [1991], Bargaining and Markets, San Diego, Academic Press.Google Scholar
Plott, C. [1986], Rational Choice in Experiment Markets, Journal of Business, 59, pp. 301–327.Google Scholar
Radner, R. [1968], Competitive Equilibrium under Uncertainty, Econometrica, 36, pp. 31–58.Google Scholar
Robert, K. [1980], The Limit Point of Monopolistic Competition, Journal of Economic Theory, 22, pp. 256–278.Google Scholar
Robert, D.J. et Polstlewaite, A. [1976], The Incentive for Price Taking Behavior in Large Exchange Economy, Econometrica, 4, pp. 115–127
Google Scholar
Robert, D.J. et Sonnenchein, H. [1977], On the Foundations of the Theory of Monopolistic Competition, Econometrica, 45, pp. 101–113.Google Scholar
Roth, A.E. et Oliveira Sotomayor, M.A. [1990], Two-Sided Matching : A Study in Game Theoretic Modeling and Analysis, Econometric society monograph n° 18, Cambridge, Cambridge University Press.Google Scholar
Rubinstein, A. [1989], Competitive Equilibrium in a market with Decentralised Trade and Strategic Behavior : An Introduction, in
Feiwel, G.R. (éd), The Economics of Imperfect Competition and Employment, Basingstoke, Macmillan.Google Scholar
Rubinstein, A. et Wolinsky, A. [1985], Equilibrium in a Market with Sequential Bargaining, Econometrica, 53, pp. 1133–1150
Google Scholar
Rubinstein, A. et Wolinsky, A. [1990], Decentralized Trading, Strategic Behavior and Walrassian Outcome, Review of Economic Studies, 57(1), pp. 63–78.Google Scholar
Samuelson, PA. [1938], A Note on the Pure Theory of Consumer’s Behaviour, Economica, 5, pp. 61–71.Google Scholar
Samuelson, P. A. [1941], The Stability of Equilibrium, Econometrica, 9(1), p. 97–120, 10(1) 1942, pp. 1–25.Google Scholar
Samuelson, P. A. [1948], Consumption Theory in Terms of Revealed Preferences, Econometrica, 15, pp. 243–253.Google Scholar
Samuelson, PA. [1951], Abstract of a Theorem Concerning Substituability in Open Leontieff Models, in
Koopmans, T.C. (éd.), Activity Analysis of Production and Allocation, New-York, Wiley, pp. 142–146.Google Scholar
Samuelson, P. A. [1958], An Exact Consumption-Loan Model of Interest with or without The Social Contrivance of Money, Journal of Political Economy, 66, pp. 467–482.Google Scholar
Sadler, G. [1994], Real business Cycles, Journal of Economic Litterature, 32, pp. 1750–1783.Google Scholar
Shapley, L. [1976], Non cooperative General Exchange, in
Lin, A. Y. (éd), Theory and Measurement of Economic Externalities, New-York, Academic Press, pp. 155–175.Google Scholar
Shapley, L. et Shubik, M. [1977], Trading Using one commodity as a means of payment, Journal of Political Economy, 85, pp. 937–968.Google Scholar
Shephard, R. [1953], Cost and Production Functions, Princeton, N.J., Princeton University Press.Google Scholar
Sorin, S. [1994], Strategic Market Games with Exchange Rates, THEMA, Université de Cergy-Pontoise et de Paris X-Nanterre, working paper n° 9411.Google Scholar
Uzawa, H. [1960], Preference and Rational Choice in Theory of Consumption, in
Arrow, K.J., Karlin, S. et Suppes, P. (éds), Mathematical Methods in the Social Sciences, Stanford, Stanford University Press, pp. 129–148.Google Scholar
Wallace, N. [1980], The Overlapping-Generations Model of Fiat Currency, in
Kareken, J.H. and Wallace, N. (éds), Models of Monetary Economics, Minneapolis, Federal Reserve Bank, pp. 49–82.Google Scholar