Walras's Market Models

Name: Walras's Market Models
Brand: Cambridge University Press
SKU: 9780521022958
Price: 1321 CZK
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Autor: Donald A. Walker

Jazyk:

Vazba: Brožovaná

Vydavatel: Cambridge University Press

Dostupnost: Skladem u dodavatele

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Walras's Market Models describes and evaluates Léon Walras's models of competitive markets. Through...

Informace o knize

Autor

Donald A. Walker

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2005

Stránek

480

EAN

9780521022958

ISBN

0521022959

Enbook ID

02018344

Vydavatel

Cambridge University Press

Hmotnost

772

Rozměry

237 x 164 x 29

Kompletní popis

Walras's Market Models describes and evaluates Léon Walras's models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, this book differs from previous examinations of his work. During his mature phase of theoretical activity, Walras was concerned with a competitive economy which passes through a phase of disequilibrium in the production and sales of commodities. While in his last phase of theoretical activity, he developed a model in which there is no production, sales, hiring, consuming or saving until an assumed set of equilibrium prices obtains of the model. The two phases of Walras's theoretical work have not previously been identified, and the models have not been subjected to an accurate analysis and evaluation.

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