Foundations of Economic Analysis, Enlarged Edition (Harvard Economic Studies)

Samuelson, Paul Anthony

ISBN 10: 0674313038 / ISBN 13: 9780674313033

Published by Harvard University Press, 1983

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Bibliographic Details

• Title: Foundations of Economic Analysis, Enlarged Edition (Harvard Economic Studies)
• Publisher: Harvard University Press
• Publication Date: 1983
• Language: English
• ISBN 10: 0674313038
• ISBN 13: 9780674313033
• Binding: Paperback
• Edition: 2nd Edition
• Condition: new

About this title

Synopsis

Although his classic work has gone through many reprintings and translations, only now has Paul A. Samuelson added new material to his 1947 treatise. A new introduction portrays the genesis of the book and analyzes how its contributions fit into theoretical developments of the last thirty-five years. A new and lengthy mathematical appendix gives a survey of the following post-1947 breakthroughs in political economy, in relation to the methodology of Foundations: linear programming and comparative statics; nonlinear programming, dynamic and stochastic; modern duality theory; the testable content of the neoclassical money model; probabilistic decision making, with new slants on the dogma of Expected-Utility maximizing; and portfolio and liquidity preference analysis by general methods that transcend mean-variance approximations.

About the Author

Paul A. Samuelson was an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences.