Equilibrium Analysis
Variations on Themes by Edgeworth and Walras
North-Holland (Publisher)
Published on 1. September 1988
Book
Hardback
310 pages
978-0-444-70511-2 (ISBN)
Description
This book has its origins in a previous volume by the same authors, ``Introduction to Equilibrium Analysis''. Within the context of the exchange economy two solutions or themes proposed by Walras and Edgeworth are developed. The first consists of finding those allocations obtained through the decentralization of the choices of individuals by prices. The second, of allocations which are not objected to coalitions by individuals.
This volume should be suitable for final year undergraduate courses or for graduate students. A thorough understanding of the material treated here will be invaluable to the reader in appreciating the economic literature. In particular, he will learn to treat with caution many of the assertions found in that literature.
This book has its origins in a previous volume by the same authors, ``Introduction to Equilibrium Analysis''. Within the context of the exchange economy two solutions or themes proposed by Walras and Edgeworth are developed. The first consists of finding those allocations obtained through the decentralization of the choices of individuals by prices. The second, of allocations which are not objected to coalitions by individuals.
This volume should be suitable for final year undergraduate courses or for graduate students. A thorough understanding of the material treated here will be invaluable to the reader in appreciating the economic literature. In particular, he will learn to treat with caution many of the assertions found in that literature.
This volume should be suitable for final year undergraduate courses or for graduate students. A thorough understanding of the material treated here will be invaluable to the reader in appreciating the economic literature. In particular, he will learn to treat with caution many of the assertions found in that literature.
This book has its origins in a previous volume by the same authors, ``Introduction to Equilibrium Analysis''. Within the context of the exchange economy two solutions or themes proposed by Walras and Edgeworth are developed. The first consists of finding those allocations obtained through the decentralization of the choices of individuals by prices. The second, of allocations which are not objected to coalitions by individuals.
This volume should be suitable for final year undergraduate courses or for graduate students. A thorough understanding of the material treated here will be invaluable to the reader in appreciating the economic literature. In particular, he will learn to treat with caution many of the assertions found in that literature.
Reviews / Votes
...a superb piece of exposition, responding to the demands of pedagogy by providing an exceptional degree of clarity and lucidity.......The organization of the book is also a model of clarity.
Journal of Economic Literature
G. van der Laan
... very clearly written.
Journal of Economics
...a superb piece of exposition, responding to the demands of pedagogy by providing an exceptional degree of clarity and lucidity.......
The organization of the book is also a model of clarity.
Journal of Economic Literature
G. van der Laan
... very clearly written.
Journal of Economics
More details
Series
Language
English
Place of publication
United States
Publishing group
Elsevier Science & Technology
Target group
College/higher education
Professional and scholarly
Illustrations
Illustrations, ports.
Weight
620 gr
ISBN-13
978-0-444-70511-2 (9780444705112)
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Schweitzer Classification
Persons
Content
Introduction. Exchange Economies. Existence of Competitive Equilibrium. The Core of a Game. Core and Competitive Equilibria. Structure, Uniqueness and Stability. Mathematical Appendices.