Debreu G

When1:  1951

When2:  1975

Who:    Gérard Debreu [Debreu, Gérard]

What:   economist

Where:  France/USA

works\  Theory of Value [1959: Neo-Walrasian theory]

Detail: He lived 1921 to ? and studied general equilibrium models {Arrow-Debreu model}, working with Kenneth Arrow [1954]. He worked on First and Second Welfare theorems [1951 and 1954], utility function for preference ordering [1954], quasi-equilibrium [1962], unique equilibria [1970], smooth preferences {differential calculus for economics} [1972], and core convergence rate [1975]. He made core convergence theorem [1962 to 1963], with Herbert Scarf. His market demand functions [1974] resulted in Debreu-Sonnenschein-Mantel theorem.

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