{"product_id":"finding-equilibrium-till-dppe-9780691156644","title":"Finding Equilibrium: Arrow, Debreu, McKenzie and the Problem of Scientific Credit","description":"\u003cp\u003e\u003cb\u003eThe remarkable story and personalities behind one of the most important theories in modern economics\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003ci\u003eFinding Equilibrium \u003c\/i\u003eexplores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by Kenneth Arrow and Gerard Debreu collaboratively, and by Lionel McKenzie separately, and would become widely known as the \"Arrow-Debreu Model.\" While Arrow and Debreu would later go on to win separate Nobel prizes in economics, McKenzie would never receive it. Till Düppe and E. Roy Weintraub explore the lives and work of these economists and the issues of scientific credit against the extraordinary backdrop of overlapping research communities and an economics discipline that was shifting dramatically to mathematical modes of expression. \u003cp\u003e\u003c\/p\u003eBased on recently opened archives, \u003ci\u003eFinding Equilibrium\u003c\/i\u003e shows the complex interplay between each man's personal life and work, and examines compelling ideas about scientific credit, publication, regard for different research institutions, and the awarding of Nobel prizes. Instead of asking whether recognition was rightly or wrongly given, and who were the heroes or villains, the book considers attitudes toward intellectual credit and strategies to gain it vis-à-vis the communities that grant it. \u003cp\u003e\u003c\/p\u003eTelling the story behind the proof of the central theorem in economics, \u003ci\u003eFinding Equilibrium\u003c\/i\u003e sheds light on the changing nature of the scientific community and the critical connections between the personal and public rewards of scientific work.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Till Düppe, E. Roy Weintraub\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0691156646\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780691156644\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Princeton University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/21\/2014\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 304\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.24lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.63h x 6.38w x 0.97d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eLibrary Journal\u003c\/i\u003e 08\/01\/2014 pg. 104\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 12\/01\/2014 pg. 666","brand":"Till Düppe","offers":[{"title":"Hardcover","offer_id":43925618950399,"sku":"9780691156644","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_f0978791-2087-4a7a-9cb1-6155896c06de.jpg?v=1681078343","url":"https:\/\/www.whiterainbookhouse.com\/products\/finding-equilibrium-till-dppe-9780691156644","provider":"WR Book House","version":"1.0","type":"link"}