General Equilibrium Theory - Softcover

Starr, Ross M.

Softcover

ISBN 10: 0521533864 ISBN 13: 9780521533867

Verlag: Cambridge University Press, 2011

Inhaltsangabe

General Equilibrium Theory: An Introduction presents the mathematical economic theory of price determination and resource allocation from elementary to advanced levels, suitable for advanced undergraduates and graduate students of economics. This Arrow-Debreu model (known for two of its most prominent founders, both Nobel Laureates) is the basis of modern price theory and of a wide range of applications. The text starts with elementary models: Robinson Crusoe, the Edgeworth Box, and a two-commodity two-household two-firm model. It gives a brief introduction to the mathematics used in the field (continuity, convexity, separation theorems, Brouwer fixed-point theorem, point-to-set mappings, and Shapley-Folkman theorem). It then presents the mathematical general equilibrium model in progress sively more general settings, including point-valued, set-valued, and nonconvex set-valued demand and supply. Existence of general equilibrium, fundamental theorems of welfare economics, core convergence, and futures markets with time and uncertainty are treated fully. This new edition updates the discussion throughout and expands the number and variety of exercises. It offers a revised and extended treatment of core convergence, including the case of nonconvex preferences, and introduces the investigation of approximate equilibrium with U-shaped cost curves and nonconvex preferences.

Über diesen Titel

Über die Autorin bzw. den Autor

Ross M. Starr is Professor of Economics at the University of California, San Diego, where he has taught since 1980. He has also served on the faculties of Yale University, the London School of Economics, and the University of California, Davis, and he held a Guggenheim Fellowship at the University of California, Berkeley. Professor Starr's research focuses on general equilibrium theory, mathematical economics, and monetary theory. He is the editor of General Equilibrium Models of Monetary Economies (1989) and coeditor of the three-volume Essays in Honor of Kenneth Arrow (Cambridge University Press, 1986). His articles have appeared in journals such as Econometrica; Economic Theory; Journal of Economic Theory; Journal of Money, Credit, and Banking; Quarterly Journal of Economics; and Review of Economic Studies. Cambridge University Press published the first edition of General Equilibrium Theory: An Introduction in 1997.

Details zur Ausgabe

• Verlag: Cambridge University Press
• Erscheinungsdatum: 2011
• Sprache: Englisch
• ISBN 10: 0521533864
• ISBN 13: 9780521533867
• Einband: Taschenbuch
• Auflage: 2
• Anzahl der Seiten: 380
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; Frankreich