Dilemmas in Economic Theory : Persisting Foundational Problems in Microeconomics
Book Details
Format
Hardback or Cased Book
ISBN-10
0195100875
ISBN-13
9780195100877
Publisher
Oxford University Press Inc
Imprint
Oxford University Press Inc
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 8th, 1999
Print length
224 Pages
Weight
544 grams
Dimensions
23.60 x 16.00 x 3.10 cms
Product Classification:
Economic theory & philosophyMicroeconomics
Ksh 15,550.00
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This text compares the economic theory of the early neoclassical economists with the theory of value of the post-World War II period, and in particular the Arrow-Debreu model of general equilibrium.
This book compares the economic theory of the early neoclassical economists with the theory of value of the post-World War II period, and in particular the Arrow-Debreu model of general equilibrium. It argues that many of the difficult problems faced in the early parts of the century -- that led in many cases to revolutions in the 1930s and 40s -- have not been successfully resolved by later theoretical work.
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