General equilibrium theory
an introduction
- ISBN: 9780521533867
- Editorial: Cambridge University Press
- Fecha de la edición: 2011
- Lugar de la edición: Cambridge. Reino Unido
- Edición número: 2nd ed.
- Encuadernación: Rústica
- Medidas: 24 cm
- Nº Pág.: 378
- Idiomas: Inglés
General Equilibrium Theory: An Introduction presents the mathematical economic theory of price determination and resource allocation from elementary to advanced levels, suitable for advanced undergraduates and graduate students of economics. This Arrow-Debreu model (known for two of its most prominent founders, both Nobel Laureates) is the basis of modern price theory and of a wide range of applications. The new edition updates discussion throughout and expands the number and variety of exercises. It offers a revised and extended treatment of core convergence, including the case of non-convex preferences, and introduces the investigation of approximate equilibrium with U-shaped curves and non-convex preferences.