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General Equilibrium Analysis
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General Equilibrium Analysis : Existence and Optimality Properties of Equilibria

2003 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 140207512X
ISBN-13 9781402075124
Edition 2003 ed.
Publisher Kluwer Academic Publishers
Imprint Kluwer Academic Publishers
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 31st, 2003
Print length 181 Pages
Product Classification: MacroeconomicsApplied mathematics
Ksh 16,200.00
Werezi Extended Catalogue 0 in stock

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General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at the beginning of the fifties and since then extensively used, worked and studied.

General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at the beginning of the fifties and since then extensively used, worked and studied. Existence and optimality of general equilibrium are developed repeatedly under different sets of hypothesis which define some general settings and delineate different approaches to the general equilibrium existence problem. The final chapter is devoted to the extension of the general equilibrium model to economies defined on an infinite dimensional commodity space.

The objective of General Equilibrium Analysis is to give to each problem in each framework the most general solution, at least for the present state of art. The intended readers are graduate students, specialists and researchers in economics, especially in mathematical economics. The book is appropriate as a class text, or for self-study.


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