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General Equilibrium

2020 Equilibrium (Economics).
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Release : 2020
Genre : Equilibrium (Economics).
Kind : eBook
Book Rating : 409/5 ( reviews)

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Book Synopsis General Equilibrium by : Yves Balasko

Download or read book General Equilibrium written by Yves Balasko. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt: Written by one of the key pioneers in the field, this book offers an accessible introduction to general equilibrium theory. Written for undergraduates taking courses in economic theory and modelling who have limited mathematical proficiency, the book fills a gap between forbidding technical expositions and the less rigorous elementary ones.

General Equilibrium Theory of Value

2011-07-25 Business & Economics
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Release : 2011-07-25
Genre : Business & Economics
Kind : eBook
Book Rating : 916/5 ( reviews)

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Book Synopsis General Equilibrium Theory of Value by : Yves Balasko

Download or read book General Equilibrium Theory of Value written by Yves Balasko. This book was released on 2011-07-25. Available in PDF, EPUB and Kindle. Book excerpt: The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up-to-date look at the standard theory of general equilibrium, to which he has been a major contributor. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model, from basic consumer theory and exchange economies to models with private ownership of production. Balasko examines properties of the standard general equilibrium model that are beyond traditional existence and optimality. He applies the theory of smooth manifolds and mappings to the multiplicity of equilibrium solutions and related discontinuities of market prices. The economic concepts and differential topology methods presented in this book are accessible, clear, and relevant, and no prior knowledge of economic theory is necessary. General Equilibrium Theory of Value offers a comprehensive foundation for the most current models of economic theory and is ideally suited for graduate economics students, advanced undergraduates in mathematics, and researchers in the field.

General Equilibrium and Game Theory

2016-01-04 Business & Economics
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Release : 2016-01-04
Genre : Business & Economics
Kind : eBook
Book Rating : 734/5 ( reviews)

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Book Synopsis General Equilibrium and Game Theory by : Andreu Mas-Colell

Download or read book General Equilibrium and Game Theory written by Andreu Mas-Colell. This book was released on 2016-01-04. Available in PDF, EPUB and Kindle. Book excerpt: Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. This volume presents the papers that solidified his standing as one of the preeminent economic theorists of our time. It also is invaluable for anyone wishing to study the craft of a master of economic modeling.

General Equilibrium Theory

1997-07-13 Business & Economics
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Release : 1997-07-13
Genre : Business & Economics
Kind : eBook
Book Rating : 731/5 ( reviews)

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Book Synopsis General Equilibrium Theory by : Ross M. Starr

Download or read book General Equilibrium Theory written by Ross M. Starr. This book was released on 1997-07-13. Available in PDF, EPUB and Kindle. Book excerpt: General Equilibrium Theory: An Introduction treats the classic Arrow-Debreu general equilibrium model in a form accessible to graduate students and advanced undergraduates in economics and mathematics. Topics covered include mathematical preliminaries, households and firms, existence of general equilibrium, Pareto efficiency of general equilibrium, the First and Second Fundamental Theorems of Welfare Economics, the core and core convergences, future markets over time and contingent commodity markets under uncertainty. Demand, supply, and excess demand appear first as (point-valued) functions, then optionally as (set-valued) correspondences. The mathematics presented (with elementary proofs of the theorems) includes a real analysis, the Brouwer fixed point theorem, and separating and supporting hyperplane theorems. Optional chapters introduce the existence of equilibrium with set-valued supply and demand, the mathematics of upper and lower hemicontinuous correspondences, and the Kakutani fixed point theorem. The treatment emphasizes clarity and accessibility to the student through use of examples and intuition.

Classical General Equilibrium Theory

2002 Equilibrium (Economics)
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Release : 2002
Genre : Equilibrium (Economics)
Kind : eBook
Book Rating : 529/5 ( reviews)

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Book Synopsis Classical General Equilibrium Theory by : Lionel W. McKenzie

Download or read book Classical General Equilibrium Theory written by Lionel W. McKenzie. This book was released on 2002. Available in PDF, EPUB and Kindle. Book excerpt: A detailed overview of the classical model of general equilibrium theory.

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