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Dogville or an illustration of some properties of general equilibrium

Harmgart, H. and Huck, S. (2008) Dogville or an illustration of some properties of general equilibrium. (ELSE Working Papers 288). ESRC Centre for Economic Learning and Social Evolution: London, UK.

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Abstract

In this note we argue that Lars von Trier’s movie Dogville can be viewed as an illustration of a simple economy where one agent has only her body as initial endowment. The movie illustrates some interesting comparative statics of equilibrium allocations. It shows how life would be like in a world where, in the absence of constitutional or legal constraints, economic forces reign freely and raises some fundamental issues of voluntary exchange versus force that apply to a number of contentious issues in public debate.

Type:Working / discussion paper
Title:Dogville or an illustration of some properties of general equilibrium
Open access status:An open access version is available from UCL Discovery
Publisher version:http://else.econ.ucl.ac.uk/newweb/papers.php#2008
Language:English
Keywords:A20, D30, D51, D63, F13

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