The Walrasian and Von Neumann Equilibria: A Comparison
The two economic concepts mentioned in the title deal with diﬀerent features of an economy, the ﬁrst with the distribution of produced goods between consumers according to their preferences, the second with the growth of the economy through “production of commodities by means of commodities” (Sraﬀa), leaving the mechanism of consumption almost completely aside. It seems interesting that in spite of these diﬀerences many similarities between the models can be found and that the von Neumann model can be adjusted to account for the preferences of consumers. This seems to be the main result of the paper.
Los, Jerzy and Wycech-Los, Maria, "The Walrasian and Von Neumann Equilibria: A Comparison" (1974). Cowles Foundation Discussion Papers. 606.