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Synopsis
This monograph is a systematic exposition of the authors' research on general equi librium models with an infinite number of commodities. It is intended to serve both as a graduate text on aspects of general equilibrium theory and as an introduction, for economists and mathematicians working in mathematical economics, to current research in a frontier area of general equilibrium theory. To this end, we have pro vided two introductory chapters on the basic economic model and the mathematical framework. The exercises at the end of each section complement the main exposition. Chapter one is a concise but substantiative discussion of the questions of exis tence and optimality of competitive equilibria in the Walrasian general equilibrium model of an economy with a finite number of households, firms and commodities. Our extension of this model to economies with an infinite number of commodities constitutes the core material of this book and begins in chapter three. Readers fa miliar with the Walrasian general equilibrium model as exposited in [13], [23J or [52J may treat chapter one as a handy reference for the main economic concepts and notions that are used throughout the book.
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Synopsis
This book presents the theory of general economic equilibrium from a modern perspective. It gives a systematic exposition of research done by the authors and others on the subject of general equilibrium theory over the last ten years. It is intended to serve both as a graduate text on aspects of general equilibrium theory and as an introduction, for economists and mathematicians working in mathematical economics, to current research in a frontier area of general equilibrium theory. To make the material as accessible as possible to the student, the authors have provided two introductory chapters on the basic Arrow-Debreu economics model and the mathematical framework. Exercises at the end of each section complement the exposition. The monograph addresses the questions of existence and optimality of Walrasian equilibria for economies with a finite number of households and firms, but with an infinite number of commodities. The final chapter of the book presents a comprehensive study of the overlapping generations model. This is the first book to give a unified and mathematically rigorous presentation of the theory of general economic equilibrium in an infinite dimensional setting.
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- PublisherSpringer
- Publication date1990
- ISBN 10 3540528660
- ISBN 13 9783540528661
- BindingPaperback
- LanguageEnglish
- Number of pages296
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Existence and Optimality of Competitive Equilibria
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ISBN 10: 3540528660
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book presents the theory of general economic equilibrium from a modern perspective. It gives a systematic exposition of research done by the authors and others on the subject of general equilibrium theory over the last ten years. It is intended to serve both as a graduate text on aspects of general equilibrium theory and as an introduction, for economists and mathematicians working in mathematical economics, to current research in a frontier area of general equilibrium theory. To make the material as accessible as possible to the student, the authors have provided two introductory chapters on the basic Arrow-Debreu economics model and the mathematical framework. Exercises at the end of each section complement the exposition. The monograph addresses the questions of existence and optimality of Walrasian equilibria for economies with a finite number of households and firms, but with an infinite number of commodities. The final chapter of the book presents a comprehensive study of the overlapping generations model. This is the first book to give a unified and mathematically rigorous presentation of the theory of general economic equilibrium in an infinite dimensional setting. Dieses Buch behandelt die Theorie des allgemeinen wirtschaftlichen Gleichgewichts und soll Studenten als Lehrbuch zur allgemeinen Gleichgewichtstheorie sowie Mathematikern und Wirtschaftlern als Einführung in die mathematische Wirtschaftswissenschaft dienen. Neben zwei einführenden Kapiteln über das grundlegende ökonomische Modell und den mathematischen Rahmen enthält es auch Übungen am Ende jedes Abschnitts. 300 pp. Englisch. Seller Inventory # 9783540528661
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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book presents the theory of general economic equilibrium from a modern perspective. It gives a systematic exposition of research done by the authors and others on the subject of general equilibrium theory over the last ten years. It is intended to serve both as a graduate text on aspects of general equilibrium theory and as an introduction, for economists and mathematicians working in mathematical economics, to current research in a frontier area of general equilibrium theory. To make the material as accessible as possible to the student, the authors have provided two introductory chapters on the basic Arrow-Debreu economics model and the mathematical framework. Exercises at the end of each section complement the exposition. The monograph addresses the questions of existence and optimality of Walrasian equilibria for economies with a finite number of households and firms, but with an infinite number of commodities. The final chapter of the book presents a comprehensive study of the overlapping generations model. This is the first book to give a unified and mathematically rigorous presentation of the theory of general economic equilibrium in an infinite dimensional setting. Dieses Buch behandelt die Theorie des allgemeinen wirtschaftlichen Gleichgewichts und soll Studenten als Lehrbuch zur allgemeinen Gleichgewichtstheorie sowie Mathematikern und Wirtschaftlern als Einführung in die mathematische Wirtschaftswissenschaft dienen. Neben zwei einführenden Kapiteln über das grundlegende ökonomische Modell und den mathematischen Rahmen enthält es auch Übungen am Ende jedes Abschnitts. Seller Inventory # 9783540528661
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Existence and Optimality of Competitive Equilibria
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Taschenbuch. Condition: Neu. Neuware -This monograph is a systematic exposition of the authors' research on general equi librium models with an infinite number of commodities. It is intended to serve both as a graduate text on aspects of general equilibrium theory and as an introduction, for economists and mathematicians working in mathematical economics, to current research in a frontier area of general equilibrium theory. To this end, we have pro vided two introductory chapters on the basic economic model and the mathematical framework. The exercises at the end of each section complement the main exposition. Chapter one is a concise but substantiative discussion of the questions of exis tence and optimality of competitive equilibria in the Walrasian general equilibrium model of an economy with a finite number of households, firms and commodities. Our extension of this model to economies with an infinite number of commodities constitutes the core material of this book and begins in chapter three. Readers fa miliar with the Walrasian general equilibrium model as exposited in [13], [23J or [52J may treat chapter one as a handy reference for the main economic concepts and notions that are used throughout the book.Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 300 pp. Englisch. Seller Inventory # 9783540528661
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