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3871. Wal-Mart, economics of

Wal-Mart is the largest retailer in the world, with stores in 16 countries (including the United States) and annual revenues exceeding ...

By Emek Basker. From The New Palgrave Dictionary of Economics, Online Edition, 2009

3872. Walras, Antoine Auguste (1801–1866)

Amateur economist whose writings have received some limited attention, chiefly because some of his views and economic concepts influenced his son, ...

By Donald A. Walker. From The New Palgrave: A Dictionary of Economics, First Edition, 1987

3873. Walras, Antoine Auguste (1801–1866)

Amateur economist whose writings have received some limited attention, chiefly because some of his views and economic concepts influenced his son, Léon. ...

By Donald A. Walker. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3874. Walras, Léon (1834–1910)

Léon Walras was the founder of the modern theory of general economic equilibrium. He was born on 16 December 1834 in Evreux, which is ...

By Donald A. Walker. From The New Palgrave: A Dictionary of Economics, First Edition, 1987

3875. Walras, Léon (1834–1910)

Léon Walras was the initiator of models of purely competitive general economic equilibration and equilibrium, of mathematical treatments ...

By Donald A. Walker. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3876. Walras’s Law

Walras’s Law (so named by Lange, 1942) is an expression of the interdependence among the excess-demand equations of a general-equilibrium system that ...

By Don Patinkin. From The New Palgrave: A Dictionary of Economics, First Edition, 1987

3877. Walras's Law

Walras's Law is an expression of the interdependence among the excess-demand equations of a general-equilibrium system that stems from the budget constraint. ...

By Don Patinkin. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3878. Walras’s theory of capital

The extension of Walras’s (1874–7) analysis from non-capitalistic production to the case of capitalistic production involved him in the introduction ...

By John Eatwell. From The New Palgrave: A Dictionary of Economics, First Edition, 1987

3879. wants

To be in want is not to have. The obverse of want is satisfaction or having the wherewithal for happiness. Much Eastern philosophy recommends happiness ...

By Mary Douglas. From The New Palgrave: A Dictionary of Economics, First Edition, 1987

3880. war and economics

War has always intrigued economic thinkers: how economic interdependence affects the likelihood of conflict, the costs and benefits of aggression, how ...

By Craufurd D. Goodwin. From The New Palgrave Dictionary of Economics, Second Edition, 2008