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Economic Exchange and Social Organization
Robert P. Gilles
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Description for Economic Exchange and Social Organization
Hardback. This text discusses the development of an institutional approach to general economic equilibrium, and concludes that equivalence is extremely hard to achieve and that perfect competition thus has a pathological nature. Series: Theory and Decision Library C. Num Pages: 324 pages, biography. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156 x 19. Weight in Grams: 636.
This book aims to develop an institutional approach to general economic equi librium. Thus far, institutional economics has essentially been confined to purely verbal discourse. Here I argue the case that general equilibrium theory forms a well rounded basis for the development of an institutional economic the ory. The fundamental economic trade mechanism underlying this refocusing is that of the Edgeworthian barter mechanism modelled through the equilibrium notion of the core of an economy. There is an extensive literature that links the core with the Walrasian price mechanism, which is explored in this book. Next I develop an alternative model ... Read more
This book aims to develop an institutional approach to general economic equi librium. Thus far, institutional economics has essentially been confined to purely verbal discourse. Here I argue the case that general equilibrium theory forms a well rounded basis for the development of an institutional economic the ory. The fundamental economic trade mechanism underlying this refocusing is that of the Edgeworthian barter mechanism modelled through the equilibrium notion of the core of an economy. There is an extensive literature that links the core with the Walrasian price mechanism, which is explored in this book. Next I develop an alternative model ... Read more
Product Details
Format
Hardback
Publication date
1996
Publisher
Kluwer Academic Publishers United States
Number of pages
324
Condition
New
Series
Theory and Decision Library C
Number of Pages
312
Place of Publication
Dordrecht, Netherlands
ISBN
9780792342007
SKU
V9780792342007
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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