Gerard Debreu, 83, Dies; Won Nobel in Economics
NY Times
Gerard Debreu, the winner of the 1983 Nobel in economic sciences for his research on the balance of supply and demand, died Friday in Paris.
Mr. Debreu, who was 83, died of natural causes, according to a statement released yesterday by the University of California, Berkeley, where he taught for nearly 30 years. His residence was an assisted-living center in Paris, where he moved about a year ago after suffering a stroke, his son-in-law, Richard De Soto, said.
Mr. Debreu won the Nobel for his work on a mathematical approach to one of the most basic economic problems: how prices function to balance what producers supply with what buyers want.
A slender 100-page book he wrote that was published in 1959, “Theory of Value: An Axiomatic Analysis of Economic Equilibrium,” is considered a classic of the field.
Contributions to Mathematical Economics in Honor of Gerard Debreu
General Equilibrium Theory (International Library of Critical Writings in Economics)
Landmark Papers in General Equilibrium Theory, Social Choice and Welfare (The Foundations of 20th Century Economics)
