Author: Emily Marion HarrisPublisher:
ISBN:
Category :
Languages : en
Pages : 188
Book Description
Echoes, by E.M.H.
Author: Emily Marion HarrisEchoes
Author: E. M. H.Twilight and Dawn
Author: TwilightArmy Echoes
Author: Publisher:
ISBN:
Category : Retired military personnel
Languages : en
Pages : 428
Book Description
Athenaeum
Author: James Silk BuckinghamPublisher:
ISBN:
Category :
Languages : en
Pages : 856
Book Description
The Athenaeum
Author: Modern English Biography: (Supplement v.1-3)
Author: Frederic BoasePublisher:
ISBN:
Category : Great Britain
Languages : en
Pages : 450
Book Description
General catalogue of printed books
Author: British museum. Dept. of printed booksPublisher:
ISBN:
Category :
Languages : en
Pages : 504
Book Description
... Catalogue of Printed Books
Author: British Museum. Department of Printed BooksPublisher:
ISBN:
Category : English literature
Languages : en
Pages : 640
Book Description
Economics of Markets
Author: Sabiou M. InouaPublisher: Springer Nature
ISBN: 3031084284
Category : Business & Economics
Languages : en
Pages : 197
Book Description
This book establishes that neoclassical economics based on the marginal utility calculus failed to derive a theory of consumer market price discovery consistent with the experimental market evidence. Such markets involve inherently discrete final-demand items bought for consumption and not subject to resale. Classical economists following Adam Smith articulated a rich narrative of price discovery theory consistent with experimental evidence based on operational concepts of discrete demand values (maximum willingness-to-pay), and symmetrically, supply costs (minimum willingness-to-accept). We develop and extend a mathematical model of classical market price formation. Chapter 1 & 2 describes this theme and chapter 3 connects it with experiments. Chapter 4 builds on experimental examples for an intuitive overview of the theory. A partial equilibrium version of the theory constitutes Chapter 5. Chapter 6 extends this framework to price formation by wealth constrained agents in multiple-goods markets. Chapter 7 applies this framework to the study of re-tradable durable-goods and financial claims that are subject to sources of instability absent in markets for consumer non-durables.