Download or read book Competitive Equilibrium written by Bryan Ellickson and published by Cambridge University Press. This book was released on 1993 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of general equilibrium theory represents one of the greatest advances in economic analysis in the latter half of the twentieth century. This book, intended for advanced undergraduates and graduate students, provides a broad introduction to competitive equilibrium analysis with an emphasis on concrete applications. The first three chapters are introductory in nature, paving the way for the more advanced second half of the book. Relative to the competition, it is much more 'user friendly' while offering exceptionally broad coverage of topics. Well-designed and interesting applications help to make potentially abstract material more accessible. The book includes 92 illustrations and nearly 200 exercises.
Download or read book The Existence of Competitive Equilibrium written by and published by . This book was released on 1959 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Existence and Optimality of Competitive Equilibria written by Charalambos D. Aliprantis and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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], [23] or [52] may treat chapter one as a handy reference for the main economic concepts and notions that are used throughout the book.
Download or read book On the existence of competitive equilibrium for infinitely many commodities written by Hukukane Nikaidō and published by . This book was released on 1956 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Existence of a Competitive Equilibrium written by Donald J. Brown and published by . This book was released on 1972 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book General Equilibrium with Price Making Firms written by T. Marschak and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Motivation. That elegant fiction the competitive equilibrium seems still to dominate the frontiers of theoretical microeconomics. We may think of it in a general way as a state of affairs wherein economic agents, responding "rationally" to annoWlced prices, make choices which are consistent and feasible. The prices may also be described as "taken": for one reason or another the agents who respond to them consider them as given. The existence of such a state, its optimality, its robustness against free bargaining among agents when there are many of them, its Wliqueness, its stability when price displacements evoke specified adjustments--all these issues have been studied, and continue to be studied in a variety of settings. Slowly the equilibrium investigated begins to incorporate public goods, externalities of certain kinds, differences in agents' information, and infinitely many time periods. The appeal of such results need not be belabored: the equilibrium studied may sustain an optimal resource allocation, and when it does it sus tains it in a manner that appears to be informationally efficient and to accord well with individual incentives. Therefore it is important to extend the circumstances under which an equilibrium exists, under which it sustains opti mality, and under which it survives displacements as well as free bargaining among agents.
Download or read book Existence of a Competitive Equilibrium for an Economy with Noncontinuous Preferences written by Manfred Sedello and published by . This book was released on 1975 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Game Theoretic Methods in General Equilibrium Analysis written by J.F. Mertens and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: JEAN-FRANQOIS MERTENS This book presents a systematic exposition of the use of game theoretic methods in general equilibrium analysis. Clearly the first such use was by Arrow and Debreu, with the "birth" of general equi librium theory itself, in using Nash's existence theorem (or a generalization) to prove the existence of a competitive equilibrium. But this use appeared possibly to be merely tech nical, borrowing some tools for proving a theorem. This book stresses the later contributions, were game theoretic concepts were used as such, to explain various aspects of the general equilibrium model. But clearly, each of those later approaches also provides per sea game theoretic proof of the existence of competitive equilibrium. Part A deals with the first such approach: the equality between the set of competitive equilibria of a perfectly competitive (i.e., every trader has negligible market power) economy and the core of the corresponding cooperative game.
Download or read book The Existence of Competitive Equilibrium written by F. H. Hahn and published by . This book was released on 1959 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Classical Theorem on Existence of Competitive Equilibrium written by and published by . This book was released on 1998 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book General Equilibrium written by W. D. A. Bryant and published by World Scientific. This book was released on 2010 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book focuses on the foundations of general equilibrium theory, more specifically on the existence, uniqueness, stability, optimality and comparative static properties of equilibrium states. It also explores the question of the empirical relevance of equilibrium states. It highlights a series of 'relationship conditions' which are essential for the existence of equilibrium, but appear in optimality results." -- PUBLISHER WEBSITE.
Download or read book Existence of an Equilibrium for a Competitive Economy written by Kenneth Joseph Arrow and published by . This book was released on 1954 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Existence of Competitive Equilibrium Over an Infinite Horizon with Production and General Consumption Sets written by John Harvey Boyd and published by . This book was released on 1990 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Classical Theorem on Existence of Competitive Equilibrium written by Hajime Kubota and published by . This book was released on 1997 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Classical General Equilibrium Theory written by Lionel W. McKenzie and published by MIT Press (MA). This book was released on 2002 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed overview of the classical model of general equilibrium theory.
Download or read book Yet Another Proof of the Existence of a Competitive Equilibrium written by Antonio D'Agata and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides a new proof of the existence of a walrasian equilibrium in pure exchange economies under quite standard and general assumptions. The proof still employs a fixed point argument, however, it is shorter and simpler than those currently available for the case considered.
Download or read book Existence of a competitive equilibrium for an economy with noncontinuous preferences written by M. Sedello and published by . This book was released on 1975 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:
