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by Randy Cassingham

Randy Cassingham's Honorary Unsubscribe Recognizes the Unknown, the Forgotten and the Obscure People who Had an Impact on Our Lives

Gerard Debreu

An economist, Debreu studied the "invisible hand" described by 18th century economist Adam Smith: supply and demand, which was long talked about but never proven. So Debreu went to work on it, using mathematical models to, yes, prove that market prices regulate supply and demand; his innovative models are still used today. "He really was the most important contributor to the development of formal math models within economics," says University of California (Berkeley) Professor Robert Anderson. "He brought to economics a mathematical rigor that had not been seen before." Debreu's work had a "profound and unsurpassed effect on the choice of methods and analytic techniques in economics," said Royal Swedish Academy of Sciences when it awarded him the Nobel Prize in Economics in 1983. Born in France, Debreu became an American citizen after World War II and taught at UC Berkeley for 30 years. He died in France December 31 after a series of strokes. He was 83.

From This is True for 2 January 2005

Suggestions for further reading:

Theory of Value: An Axiomatic Analysis of Economic Equilibrium (Cowles Founda...
By: Gerard Debreu
List Price: $21.00
Amazon Price: $18.90

 
Mathematical Economics: Twenty Papers of Gerard Debreu (Econometric Society M...
By: Gerard Debreu
List Price: $39.99
Amazon Price: $39.99
Editorial Review:
These twenty papers were selected by the author. The book includes a major introduction by Werner Hildenbrand, who assesses Professor Debreu's contribution to economic theory and explains the part played by these papers in the development of the subject.
 
Landmark Papers in General Equilibrium Theory, Social Choice and Welfare (The...
List Price: $330.00
Amazon Price: $330.00
Editorial Review:
Kenneth Arrow and Gerard Debreu have throughout their careers continuously produced ideas at the very frontier of economics. Together, they have made unparalleled contributions on the properties of general equilibrium systems in economics, the study of collective choice and welfare economics. The editors have shown their usual rigour in selecting those papers which, in their view, have made the most important contributions in their particular areas of expertise. This volume should be an essential source of reference for students, researchers and practitioners alike.
 
Biography - Debreu, Gerard (1921-2005(?)): An article from: Contemporary Auth...
By: Gale Reference Team
List Price: $9.95
Amazon Price: $9.95
Editorial Review:
Word count: 1000.
 
Random walk and life philosophy.: An article from: American Economist
By: Gerard Debreu
List Price: $5.95
Amazon Price: $5.95
Editorial Review:
This digital document is an article from American Economist, published by Omicron Delta Epsilon on September 22, 1991. The length of the article is 3469 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Random walk and life philosophy.
Author: Gerard Debreu
Publication: American Economist (Refereed)
Date: September 22, 1991
Publisher: Omicron Delta Epsilon
Volume: v35 Issue: n2 Page: p3(5)

Distributed by Thomson Gale
 
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