Economic Dynamics and General Equilibrium: Time and Uncertainty
Language: English
Published by Springer, 2004
- Hardcover
- Used
Seller: Frabjous Books, Calgary, AB, CanadaFrabjous Books
AbeBooks seller since August 6, 1999
Condition: Used
£ 38.41
Quantity: 1 available
Add to basketItem description from seller
Laminated boards. xiv, 396 pp. 49 figures and 26 tables. Ex-lib with minimal markings: spine label, ink stamp on top edge and title page, bar code on rear pastedown, otherwise clean and bright.
Seller Inventory # 014656
- Title
- Economic Dynamics and General Equilibrium: Time and Uncertainty
- Author
- Borglin, Anders
- Publisher
- Springer
- Publication year
- 2004
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 3540002650
- ISBN 13
- 9783540002659
- Dimensions
- 8vo
- Seller catalogs
- Economics
The developments of economic theory in the 1950s served to pinpoint important underlying assumptions in the study of market institutions. The conflict between observed institutions and the benchmark interpretation became apparent. This led to the introduction of new equilibrium concepts. The emphasis was on the possibilities to transfer purchasing power over time using spot markets involving assets or money. This advanced textbook focuses on the developments in the theory of incomplete markets and overlapping generations economies where income transfers over time are restricted either by available assets or by the unfeasibility of contracts with unborn generations. It bridges the gap between standard textbooks on microeconomics and more advanced expositions. Contains diagrams, examples and exercises.
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From the Back Cover
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Frabjous Books
Calgary, AB, Canada
AbeBooks seller since August 6, 1999
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