General Equilibrium Economics
Space, Time and Money
Published on 7. August 1992
Book
Hardback
300 pages
978-0-333-56665-7 (ISBN)
Description
These papers examine the fundamental issues that arise in the construction of general equilibrium models when such complicating features as oligopolistic market structure, spatial movement and location, savings and investment and money are included. Theoretical considerations are dominant in the work, but empirical applications of regional and national input-output models are also presented. Models of optimal sequential network design and of optimal single and multi-source Weber point determination, and of Poisson spatial demand structures are presented in the papers on spatial analysis. Austrian capital theory is reviewed from a general equilibrium point of view, as are the preconditions for the existence and integration of money in general equilibrium theories.
More details
Language
English
Place of publication
Basingstoke
United Kingdom
Target group
College/higher education
Professional and scholarly
Illustrations
index
Dimensions
Height: 225 mm
Width: 145 mm
Weight
860 gr
ISBN-13
978-0-333-56665-7 (9780333566657)
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Schweitzer Classification
Other editions
New editions
Book
01/1993
New York University Press
€101.84
Article is exhausted; no reprint
Additional editions
E-Book
06/1992
Palgrave Macmillan
€53.49
Available for download
Book
01/1992
Palgrave Macmillan
€53.49
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Content
Part 1 General equilibrium theory - the economics of interdependence: Walras, Leontief and the interdependence of economic activities; the architectonics of Leon Walras; on Hick's concept of perfect stability in multiple exchange; the impact of steel upon the greater New York-Philadelphia industrial region; employment impacts of achieving automobile efficiency standards in the United States; general equilibrium analysis - its meaning, purposes and limitations; oligopoly under rivalrous consonance - an exploration of phantom objective functions and some algorithmic considerations; the rivalrous consonance framework for oligopoly analysis. Part 2 Spatial interdependence: an efficient algorithm for the numerical solution of the generalized Weber problem in spatial economics; exact and approximate solutions to the multisource Weber problem; approximate solutions to a dynamic combinatorial problem in space; exact and approximate solution of constrained dynamic combinatorial problems in space; economic decision making in a Poisson demand space. Part 3 Of time - Austrian capital theory: Eugen von Bohm-Bawerk; the stationary state and the technological superiority of present goods; the technological superiority of present goods; on the existence and role of money in a stationary system; Patinkin on neo-classical monetary theory - a critique in Walrasian specifics; Keynes's identity, Ricardian virtue, and the partial dichotomy; the Walrasian theory of money - an interpretation and a reconstruction; Say's law and Walras' law once more - comment; money, capital, and interest in intertemporal general equilibrium theory.