Author: Atsushi KajiiPublisher:
ISBN:
Category :
Languages : en
Pages : 56
Book Description
Anonymity and Optimality of Competitive Equilibria when Markets are Complete
Author: Atsushi KajiiAnonymity and Optimality of Competitive Equilibria when Markets are Incomplete
Author: Atsushi KajiiTheory of Incomplete Markets
Author: Michael MagillPublisher: MIT Press
ISBN: 9780262632546
Category : Business & Economics
Languages : en
Pages : 566
Book Description
Theory of incompl. markets/M. Magill, M. Quinzii. - V.1.
General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory
Author: Truman F. BewleyPublisher: Harvard University Press
ISBN: 0674020928
Category : Business & Economics
Languages : en
Pages : 615
Book Description
This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters.
Journal of Economic Theory
Author: PennsylvaniaPublisher:
ISBN:
Category : Economics
Languages : en
Pages : 814
Book Description
General Equilibrium Analysis of Production and Increasing Returns
Author: Takashi SuzukiPublisher: World Scientific
ISBN: 9812833323
Category : Business & Economics
Languages : en
Pages : 285
Book Description
A unique feature of the book compared to classical monographs on GE is its emphasis on the historical nature of the subject, and not only the mathematical nature. Students are expected to learn that those mathematically formidable techniques are indeed necessary for tackling many economic problems which have been significant not only in the mathematical or technical context, but also in the historical and traditional context.
General Equilibrium Analysis
Author: Monique FlorenzanoPublisher: Springer Science & Business Media
ISBN: 140207512X
Category : Business & Economics
Languages : en
Pages : 198
Book Description
General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at the beginning of the fifties and since then extensively used, worked and studied. Existence and optimality of general equilibrium are developed repeatedly under different sets of hypothesis which define some general settings and delineate different approaches to the general equilibrium existence problem. The final chapter is devoted to the extension of the general equilibrium model to economies defined on an infinite dimensional commodity space. The objective of General Equilibrium Analysis is to give to each problem in each framework the most general solution, at least for the present state of art. The intended readers are graduate students, specialists and researchers in economics, especially in mathematical economics. The book is appropriate as a class text, or for self-study.
The Organization of Economic Activity
Author: Harold DemsetzHandbook of Computable General Equilibrium Modeling
Author: Peter B. DixonPublisher: Newnes
ISBN: 0444536353
Category : Business & Economics
Languages : en
Pages : 1143
Book Description
In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. - Presents coherent summaries of CGE theories that inform major model types - Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results - Shows how CGE modeling has made a contribution to economic policy
Nonlinear Dynamics in Equilibrium Models
Author: John StachurskiPublisher: Springer Science & Business Media
ISBN: 3642223974
Category : Business & Economics
Languages : en
Pages : 454
Book Description
Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.