Query on the Neoclassical System of Walras General Equilibrium;

Value at risk in non-Walrasian market;

In a non-Walrasian market with nonlinear price impact function,the optimal liquidation strategy and optimal liquidation time are investigated for institution investors.

With a view to many limitations of finance risk measure, Value at Risk( VaR) ,in the Non-walrasian market, constructing dynamic value at risk (DVaR) which reflects the individual risk preference is very essential.

A nonlinear cobweb model of non-Walrasian equilibrium, in which the marketefficiency is taken into consideration, is studied for both the deterministic and stochastic cases.

Criticizing and Inheriting to Austrian Traditions of Schumpeter and Hayek-From the Perspective of Walrasian Equilibrium;