Advances in Equilibrium Theory
Title | Advances in Equilibrium Theory PDF eBook |
Author | C.D. Aliprantis |
Publisher | Springer Science & Business Media |
Pages | 240 |
Release | 2013-03-14 |
Genre | Business & Economics |
ISBN | 3642516025 |
Advances in Economic Theory
Title | Advances in Economic Theory PDF eBook |
Author | Truman Fassett Bewley |
Publisher | CUP Archive |
Pages | 452 |
Release | 1989-07-28 |
Genre | Business & Economics |
ISBN | 9780521389259 |
These articles should be helpful to anyone with training in economics.
General Equilibrium Theory of Value
Title | General Equilibrium Theory of Value PDF eBook |
Author | Yves Balasko |
Publisher | Princeton University Press |
Pages | 188 |
Release | 2011-07-25 |
Genre | Business & Economics |
ISBN | 1400838916 |
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.
Competitive Equilibrium
Title | Competitive Equilibrium PDF eBook |
Author | Bryan Ellickson |
Publisher | Cambridge University Press |
Pages | 424 |
Release | 1993 |
Genre | Business & Economics |
ISBN | 9780521319881 |
The development of general equilibrium theory represents one of the greatest advances in economic analysis in the latter half of the twentieth century. This book, intended for advanced undergraduates and graduate students, provides a broad introduction to competitive equilibrium analysis with an emphasis on concrete applications. The first three chapters are introductory in nature, paving the way for the more advanced second half of the book. Relative to the competition, it is much more 'user friendly' while offering exceptionally broad coverage of topics. Well-designed and interesting applications help to make potentially abstract material more accessible. The book includes 92 illustrations and nearly 200 exercises.
The Theory of General Economic Equilibrium
Title | The Theory of General Economic Equilibrium PDF eBook |
Author | Andreu Mas-Colell |
Publisher | Cambridge University Press |
Pages | 396 |
Release | 1985 |
Genre | Business & Economics |
ISBN | 9780521388702 |
This book brings together the author's pioneering work, written over the last twenty years, on the use of differential methods in general equilibrium theory.
Advanced Fixed Point Theory for Economics
Title | Advanced Fixed Point Theory for Economics PDF eBook |
Author | Andrew McLennan |
Publisher | Springer |
Pages | 441 |
Release | 2018-07-03 |
Genre | Business & Economics |
ISBN | 9811307105 |
This book develops the central aspect of fixed point theory – the topological fixed point index – to maximal generality, emphasizing correspondences and other aspects of the theory that are of special interest to economics. Numerous topological consequences are presented, along with important implications for dynamical systems. The book assumes the reader has no mathematical knowledge beyond that which is familiar to all theoretical economists. In addition to making the material available to a broad audience, avoiding algebraic topology results in more geometric and intuitive proofs. Graduate students and researchers in economics, and related fields in mathematics and computer science, will benefit from this book, both as a useful reference and as a well-written rigorous exposition of foundational mathematics. Numerous problems sketch key results from a wide variety of topics in theoretical economics, making the book an outstanding text for advanced graduate courses in economics and related disciplines.
General Equilibrium Theory
Title | General Equilibrium Theory PDF eBook |
Author | Ross M. Starr |
Publisher | Cambridge University Press |
Pages | 280 |
Release | 1997-07-13 |
Genre | Business & Economics |
ISBN | 9780521564731 |
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.