ByGiovanni Caravale
Pages 2

The notion of equilibrium – an essential point of reference in the field of economic studies – is employed with such diverse meanings that confusion and misunderstanding inevitably arise in the literature. At its thirty-second Annual Scientific Conference (Rome, October 1991), the Società Italiana degli Economisti organized a specific session on this theme in order to supply a picture, as complete and up to date as possible, of the conflicting positions held on the matter by some important schools of thought. The aim was to analyse the nature of these different evaluations, and to discuss the methodological implications of the various stands.