Timeline for General Equilibrium for Mathematicians
Current License: CC BY-SA 2.5
3 events
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| Aug 11, 2011 at 18:38 | comment | added | Stephen | ...''just a fixed point theorem.'' I don't find this criticism very trenchant. One of the fundamental problems of mathematics is to solve equations (of various sorts). A result that proves that a system of equations has at least one solution is a good result. How good depends on how non-obvious the existence of the solution is. Maybe von Neumann's criticism was somewhat more detailed? How non-obvious was Nash's result at the time? | |
| Sep 6, 2010 at 18:58 | history | edited | Carl Futia | CC BY-SA 2.5 |
added 59 characters in body; deleted 1 characters in body
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| Sep 6, 2010 at 18:53 | history | answered | Carl Futia | CC BY-SA 2.5 |