General Equilibrium and Welfare
Pablo Coto-Millan
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Description for General Equilibrium and Welfare
Paperback. This overview of competitive general equilibrium theory and welfare economy adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined. Series: Contributions to Economics. Num Pages: 177 pages, 38 black & white illustrations, 42 black & white tables, biography. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 254 x 178 x 10. Weight in Grams: 367.
In this book the reader is provided with an overview of the most interesting ideas in Competitive General Equilibrium Theory as well as Welfare Economy. In doing so, the author adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined. By using theorems of fixed point, revealed preference and local and global stability, the author proves the existence of unicity and stability. Furthermore, he analyses those situations where the competitive system does not allocate resources efficiently. In this sense, he examines allocation problems in regard to property rights, information problems and choice and negotiation ... Read more
In this book the reader is provided with an overview of the most interesting ideas in Competitive General Equilibrium Theory as well as Welfare Economy. In doing so, the author adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined. By using theorems of fixed point, revealed preference and local and global stability, the author proves the existence of unicity and stability. Furthermore, he analyses those situations where the competitive system does not allocate resources efficiently. In this sense, he examines allocation problems in regard to property rights, information problems and choice and negotiation ... Read more
Product Details
Format
Paperback
Publication date
2002
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
177
Condition
New
Series
Contributions to Economics
Number of Pages
177
Place of Publication
Heidelberg, Germany
ISBN
9783790814910
SKU
V9783790814910
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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