Walrasian

English

Etymology

From Walras +‎ -ian.

Adjective

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

• Walras' law