Walrasian
Walrasian adjective: of or pertaining to the theories of the 19th-century French economist Léon Walras.
Adjective
Walrasian (comparative more Walrasian, superlative most Walrasian)
- Of or pertaining to the theories of the 19th-century French economist Léon Walras.
- Relating to a tatonnement process for achieving exchange equilibrium.
- a Walrasian auction
- The economy is thus in a kind of non-Walrasian equilibrium in which wage rates are correctly guessed. But they are never truly known as in the Walrasian world; a change of some island’s wage would not be immediately learned.1970, Edmund S. Phelps, “Introduction: The New Microeconomics in Employment and Inflation Theory”, in Edmund S. Phelps, editor, Microeconomic Foundations of Employment and Inflation Theory, New York...
Forms of Walrasian
| comparative | more Walrasian |
|---|---|
| superlative | most Walrasian |
Origin of Walrasian
From French Walras + English -ian.
Words formed from Walrasian
- non-Walrasian
Questions about Walrasian
- What does Walrasian mean?
- Walrasian means of or pertaining to the theories of the 19th-century French economist Léon Walras.
- What part of speech is Walrasian?
- Walrasian is an adjective.
Words near Walrasian in the dictionary
Source and license
Adapted from Wiktionary: Walrasian (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “Walrasian.” Word.ws, https://word.ws/walrasian. Based on Wiktionary, CC BY-SA 4.0.