Walrasian

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English[edit]

Etymology[edit]

Walras +‎ -ian

Adjective[edit]

Walrasian (comparative more Walrasian, superlative most Walrasian)

  1. (economics) Of or pertaining to the theories of the 19th-century French economist Léon Walras.
  2. (economics) Relating to a tatonnement process for achieving exchange equilibrium.
    a Walrasian auction

Related terms[edit]