Gérard Debreu Quotes

French economist and mathematician (1921–2004)

Gérard Debreu (July 4, 1921 – December 31, 2004) was a French economist and mathematician, who also came to have United States citizenship. Best known as a professor of economics at the University of California, Berkeley, where he began work in 1962, he won the 1983 .

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Native Name: Gerard Debreu

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I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.

Perhaps as important is the relation between the existence of solutions to a competitive equilibrium and the problems of normative or .

L. Walras first formulated the state of the economic system at any point of time as the solution of a system of simultaneous equations representing the demand for goods by consumers, the supply of goods by producers and the equilibrium condition that supply equal demand on every market.

Gérard Debreu Quotes

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