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GENERAL EQUILIBRIUM THEORY: AN INTRODUCTION

STARR, ROSS M.

1997

BOOK
Category

MATHEMATICS

Abstract GENERAL EQUILIBRIUM THEORY: AN INTRODUCTION TREATS THE CLASSIC ARROW-DEBREU GENERAL EQUILIBRIUM MODEL IN A FORM ACCESSIBLE TO GRADUATE STUDENTS AND ADVANCED UNDERGRADUATES IN ECONOMICS AND MATHEMATICS. TOPICS COVERED INCLUDE MATHEMATICAL PRELIMINARIES, HOUSEHOLDS AND FIRMS, EXISTENCE OF GENERAL EQUILIBRIUM, PARETO EFFICIENCY OF GENERAL EQUILIBRIUM, THE FIRST AND SECOND FUNDAMENTAL THEOREMS OF WELFARE ECONOMICS, THE CORE AND CORE CONVERGENCES, FUTURE MARKETS OVER TIME AND CONTINGENT COMMODITY MARKETS UNDER UNCERTAINTY. DEMAND, SUPPLY, AND EXCESS DEMAND APPEAR FIRST AS (POINT-VALUED) FUNCTIONS, THEN OPTIONALLY AS (SET-VALUED) CORRESPONDENCES. THE MATHEMATICS PRESENTED (WITH ELEMENTARY PROOFS OF THE THEOREMS) INCLUDES A REAL ANALYSIS, THE BROUWER FIXED POINT THEOREM, AND SEPARATING AND SUPPORTING HYPERPLANE THEOREMS. OPTIONAL CHAPTERS INTRODUCE THE EXISTENCE OF EQUILIBRIUM WITH SET-VALUED SUPPLY AND DEMAND, THE MATHEMATICS OF UPPER AND LOWER HEMICONTINUOUS CORRESPONDENCES, AND THE KAKUTANI FIXED POINT THEOREM. THE TREATMENT EMPHASIZES CLARITY AND ACCESSIBILITY TO THE STUDENT THROUGH USE OF EXAMPLES AND INTUITION.

ISBN 0521564735
Author(s) STARR, ROSS M.
Credits
Edition 1ST ED.
Year 1997
Publisher CAMBRIDGE UNIVERSITY PRESS
Type BOOK
Keywords MATHEMATICS
Language English
Collation 250 P., 20 CM.

Availability and Location Reserve

Copy No Library Stack Shelf Is Reference Status Return Date
1 Limassol T 2 No A