The Market : Equilibrium, Stability, Mythology
Book Details
Format
Hardback or Cased Book
Book Series
Routledge Frontiers of Political Economy
ISBN-10
0415300487
ISBN-13
9780415300483
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 19th, 2002
Print length
144 Pages
Weight
363 grams
Product Classification:
Economic theory & philosophyPolitical economyEconomic history
Ksh 7,000.00
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This book unites formal mathematical economics and idiosyncratic political economy. Analytical rigour is brought to the market concept giving general equilibrium theory a new lease of life.
This punchy book unites mainline mathematical economics and sometimes idiosyncratic political economy. Freshness is brought to the market concept giving general equilibrium theory a new lease of life, and an opening of thought on such matters as free trade, globalization and the environment.
Where most theories of general equilibrium have been based on utility maximizing traders, Afriat here maintains the view that the topic essentially is concerned with aggregates and that anything to do with utility is at best secondary if not spurious. The book goes on to discuss political economy, in particular the idea of ''optimum'', and its abuses, especially in doctrine related to the market.
This novel book will be of equal appeal to mathematical thinkers, those interested in the theory of market and political economists.
Where most theories of general equilibrium have been based on utility maximizing traders, Afriat here maintains the view that the topic essentially is concerned with aggregates and that anything to do with utility is at best secondary if not spurious. The book goes on to discuss political economy, in particular the idea of ''optimum'', and its abuses, especially in doctrine related to the market.
This novel book will be of equal appeal to mathematical thinkers, those interested in the theory of market and political economists.
Get The Market by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Taylor & Francis Ltd and it has pages.
