In this paper we analyse models of general economic equilibrium that are based on already defined mathematical relations of ArrowDebreu model of general equilibrium that try to make that model more realistic. In other words, we will give review of two models in which basic ArrowDebreu model of general equilibrium is extended in way to include time and uncertainty dimensions as a possible natural state of economic system.
suggested citation:
Marko Backović and Zoran Popović. "Inquiry Into The Dynamic Analysis Of Competetive Equilibrium Of Economy." Montenegrin Journal of Economics. vol. 1, no. 2, 2005, p. 4156
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