General Equilibrium Analysis of Production and Increasing Returns (Series on Mathematical Economics and Game Theory) - Couverture souple

Takashi, Suzuki

Couverture souple

ISBN 10 : 9812833315 ISBN 13 : 9789812833310

Editeur : World Scientific Publishing Company, 2009

Synopsis

The scope of the general equilibrium (GE) theory has so far been limited to the Walrasian tradition. Indeed, the theories of competitive equilibria and the core are nothing but the modern mathematical analysis of the economic ideas due to Walras, Edgeworth and Pareto. Consequently, recent books in this field are inclined to be heavily technical and mathematical.

On the other hand, the modern GE theory has not completed the study of increasing returns and monopolistic competition, which belong to the alternative important stream of economic thought, namely the Marshallian tradition. This book aims to fill this gap, by proving the existence of a competitive equilibrium with increasing returns coming from externalities in a dynamic economy and a monopolistically competitive equilibrium with the technologies exhibiting increasing returns coming from a large set-up cost. Also intended as a basic graduate textbook on GE theory, it contains all the basic results and mathematical techniques in this field, such as measure theory, manifold theory and Banach space theory.

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.

• Classical Exchange Economies
• Economies with a Continuum of Traders
• Production Economies with Increasing Returns
• Economies with Infinitely Many Commodities
• Economies with Monopolistically Competitive Firms

A propos du livre

On the other hand, the modern GE theory has not completed the study of increasing returns and monopolistic competition, which belong to the alternative important stream of economic thought, namely the Marshallian tradition. This book aims to fill this gap, by proving the existence of a competitive equilibrium with increasing returns coming from externalities in a dynamic economy and a monopolistically competitive equilibrium with the technologies exhibiting increasing returns coming from a large set-up cost. Also intended as a basic graduate textbook on GE theory, it contains all the basic results and mathematical techniques in this field, such as measure theory, manifold theory and Banach space theory.

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.

• Classical Exchange Economies
• Economies with a Continuum of Traders
• Production Economies with Increasing Returns
• Economies with Infinitely Many Commodities
• Economies with Monopolistically Competitive Firms

Détails de l'édition

• Éditeur: World Scientific Publishing Company
• Date d'édition: 2009
• Langue: anglais
• ISBN 10: 9812833315
• ISBN 13: 9789812833310
• Reliure: Broché
• Nombre de pages: 284
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible