Equilibrium Analysis: Variations on Themes by Edgeworth and Walras (Advanced Textbooks in Economics)
| Author | : | |
| Rating | : | 4.73 (590 Votes) |
| Asin | : | 0444705112 |
| Format Type | : | paperback |
| Number of Pages | : | 310 Pages |
| Publish Date | : | 2015-04-11 |
| Language | : | English |
DESCRIPTION:
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 LiteratureG
A thorough understanding of the material treated here will be invaluable to the reader in appreciating the economic literature. 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. 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''. The second, of allocations
Michael Greinecker said A superb Introduction to Mathematical Economics!. On little less than A superb Introduction to Mathematical Economics! On little less than 300 pages, Hildenbrand and Kirman give an exceptionally deep introduction to equilibrium analysis. The main topics are Walrasian equilibria (optimal choices relative to a price induced budget set), the core (a generalization of the familiar contract curve), and the relationship between the two. Everything is done in an exchange framework (i.e. no production), which makes it easier to focus on the concepts involved.Kirman and Hildenbr. 00 pages, Hildenbrand and Kirman give an exceptionally deep introduction to equilibrium analysis. The main topics are Walrasian equilibria (optimal choices relative to a price induced budget set), the core (a generalization of the familiar contract curve), and the relationship between the two. Everything is done in an exchange framework (i.e. no production), which makes it easier to focus on the concepts involved.Kirman and Hildenbr