General Equilibrium Theory: An Introduction
Autor Ross M. Starren Limba Engleză Paperback – 24 apr 2011
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Specificații
ISBN-13: 9780521533867
ISBN-10: 0521533864
Pagini: 380
Ilustrații: 42 b/w illus.
Dimensiuni: 175 x 249 x 25 mm
Greutate: 0.66 kg
Ediția:Revizuită
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:New York, United States
ISBN-10: 0521533864
Pagini: 380
Ilustrații: 42 b/w illus.
Dimensiuni: 175 x 249 x 25 mm
Greutate: 0.66 kg
Ediția:Revizuită
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:New York, United States
Cuprins
Part I. General Equilibrium Theory: Getting Acquainted: 1. Concept and history of general equilibrium theory; 2. An elementary general equilibrium model - the Robinson Crusoe economy; 3. The Edgeworth box; 4. Integrating production and multiple consumption decisions: a 2 x 2 x 2 model; 5. Existence of general equilibrium in an economy with an excess demand function; Part II. Mathematics: 6. Logic and set theory; 7. RN: real N-dimensional Euclidean space; 8. Convex sets, separation theorems, and non-convex sets in RN; 9. The Brouwer fixed point theorem; Part III. An Economy with Bounded Production Technology, Supply and Demand Functions: 10. Markets, prices, commodities, and mathematical economic theory; 11. Production with bounded firm technology; 12. Households; 13. A market economy; 14. General equilibrium of the market economy with an excess demand function; Part IV. An Economy with Unbounded Production Technology, Supply and Demand Functions: 15. Theory of production: the unbounded technology case; 16. Households: the unbounded technology case; 17. A market economy: the unbounded technology case; 18. General equilibrium of the market economy: the unbounded technology case; Part V. Welfare Economics and the Scope of Markets: 19. Pareto efficiency and competitive equilibrium; 20. Time and uncertainty: futures markets; Part VI. Bargaining and Equilibrium: The Core: 21. The core of a market economy; 22. Convergence of the core of a large economy; Part VII. An Economy with Supply and Demand Correspondences: 23. Mathematics: analysis of point to set mappings; 24. General equilibrium of the market economy with an excess demand correspondence; 25. U-shaped cost curves and concentrated preferences; Part VIII. Standing on the Shoulders of Giants: 26. Next steps; 27. Summary and conclusion.
Recenzii
'Most books on the theory of general equilibrium have adopted the terribly arid axiomatic style illustrated in pure mathematics by Nicolas Bourbaki's treatise. That style makes no compromise with rigor. But it often defies intuition. Ross Starr's book is the best attempt so far at combining economic intuition with rigor in dealing with those staples of general equilibrium theory that are the existence and the two welfare theorems. Part A … deals with special cases of the general equilibrium model up to the two-good, two-factor, two-agent model, something that is never done in more 'advanced' presentations. Part B is a remarkably lucid introduction to the mathematics of point-set topology needed in any serious study of the general equilibrium model. Both parts will be welcomed by undergraduate students.' Yves Balasko, University of York
'This book contains an excellent exposition of classic general equilibrium theory. While it eases the reader into the subject slowly, it does so without compromising the analytical rigor that is necessary to understand the elegant foundations of the economic model of competitive markets.' Alberto Bisin, New York University
'Ross Starr has made a fine service to the profession when preparing this new edition of his nice introductory textbook on general equilibrium theory. This volume is slim, yet fully self-contained and rigorous; it should be … useful to advanced undergraduates and graduate students, as well as to researchers in economic theory and mathematical economics.' Jean-Michel Grandmont, Università Ca' Foscari di Venezia, Italy, and Centre de Recherche en Economie et Statistiques, France
'A comprehensive treatment of classical general equilibrium theory from its most elementary to its most abstract formulation. Self-contained mathematical chapters and exercises at the end of each chapter make this an ideal textbook for advanced-level courses.' Paolo Siconolfi, Columbia University
'This book contains an excellent exposition of classic general equilibrium theory. While it eases the reader into the subject slowly, it does so without compromising the analytical rigor that is necessary to understand the elegant foundations of the economic model of competitive markets.' Alberto Bisin, New York University
'Ross Starr has made a fine service to the profession when preparing this new edition of his nice introductory textbook on general equilibrium theory. This volume is slim, yet fully self-contained and rigorous; it should be … useful to advanced undergraduates and graduate students, as well as to researchers in economic theory and mathematical economics.' Jean-Michel Grandmont, Università Ca' Foscari di Venezia, Italy, and Centre de Recherche en Economie et Statistiques, France
'A comprehensive treatment of classical general equilibrium theory from its most elementary to its most abstract formulation. Self-contained mathematical chapters and exercises at the end of each chapter make this an ideal textbook for advanced-level courses.' Paolo Siconolfi, Columbia University
Notă biografică
Descriere
This book presents the mathematical economic theory of price determination and resource allocation from elementary to advanced levels.