Aggregate Production Functions
Alan Kirman
alternative equilibrium frameworks
Arrow Debreu Model
Category=KCA
Category=KCC
classical value theory
contract enforcement economics
Endogenous Uncertainty
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equilibrium stability
Excess Demand
Excess Supply
General Equilibrium
General Equilibrium Theory
Homo Reciprocans
Infinite Dimensional Models
Inter-temporal Equilibria
Inter-temporal Models
Intertemporal Equilibrium
Intertemporal Equilibrium Model
intertemporal models
Intertemporal Prices
Long Run Equilibrium
market volatility analysis
microeconomic theory
Perfect Foresight Equilibria
Pure Exchange Economy
Rational Expectations Equilibrium
RW's Model
Savings Investment Market
Vice Versa
Walrasian Equilibrium
Weak Topology
Young Agent
Product details
- ISBN 9780415296915
- Weight: 929g
- Dimensions: 156 x 234mm
- Publication Date: 21 Nov 2002
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate.
General equilibrium theorists including Michio Morishima, Michael Magill and Martine Quinzii debate strengths, weaknesses and possible futures with leading thinkers such as Herb Gintis, Pierangelo Garegnani and Duncan Foley, who seek to explain the rejection of general equilibrium. Uniquely, none of the contributors portray general equilibrium theory as the perfect guide to market economies actual behaviour, but rather illustrate that there is insufficient acquaintance with existing alternatives and that general equilibrium theory is often used as an ideal 'benchmark'.
Fabio Petri, Frank Hahn (University of Siena)
