General Equilibrium Theory

An Introduction

Business & Finance, Economics, Microeconomics, Nonfiction, Science & Nature, Mathematics
Cover of the book General Equilibrium Theory by Ross M. Starr, Cambridge University Press
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Author: Ross M. Starr ISBN: 9781139234870
Publisher: Cambridge University Press Publication: April 25, 2011
Imprint: Cambridge University Press Language: English
Author: Ross M. Starr
ISBN: 9781139234870
Publisher: Cambridge University Press
Publication: April 25, 2011
Imprint: Cambridge University Press
Language: English

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.

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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.

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