The collection features twenty influential papers by the Nobel Prize-winning economist, showcasing his significant contributions to economic theory. Accompanied by a major introduction from Werner Hildenbrand, the book provides insights into how these works have shaped the development of economic thought and highlights the impact of Professor Debreu's research on the field.
"[This] beautiful and austere book . . . [is] an important landmark of economic theory."—F.H. Hahn, Journal of Political Economy "An immortal classic of twentieth century economics. Every economist should own a copy."—Robert Lucas, University of ChicagoTheory of Value offers a rigorous, axiomatic, and formal analysis of producer behavior, consumer behavior, general equilibrium, and the optimality of the market mechanism for resource allocation.