Disequilibrium Economics

Disequilibrium Economics PDF Author: Tönu Puu
Publisher: Springer
ISBN: 3319744151
Category : Business & Economics
Languages : en
Pages : 291

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Book Description
This book discusses mathematical models for various applications in economics, with a focus on non-linear dynamics. Based on the author’s over 50 years of active work in the field, the book has been inspired by models from the period between 1920 and 1950. Following a brief introduction to economics for mathematicians and other modelers, it assembles a repository of useful specific functions for global dynamic modeling. Furthermore, twelve “research stubs” – outlined research agendas that have not yet been fully worked on – are suggested for further study and could even be expanded to entire research projects. The book is a valuable resource, particularly for young scientists who are skilled in mathematical and computational techniques and are looking for applications in economics.

Disequilibrium Economics

Disequilibrium Economics PDF Author: Tönu Puu
Publisher: Springer
ISBN: 3319744151
Category : Business & Economics
Languages : en
Pages : 291

Get Book

Book Description
This book discusses mathematical models for various applications in economics, with a focus on non-linear dynamics. Based on the author’s over 50 years of active work in the field, the book has been inspired by models from the period between 1920 and 1950. Following a brief introduction to economics for mathematicians and other modelers, it assembles a repository of useful specific functions for global dynamic modeling. Furthermore, twelve “research stubs” – outlined research agendas that have not yet been fully worked on – are suggested for further study and could even be expanded to entire research projects. The book is a valuable resource, particularly for young scientists who are skilled in mathematical and computational techniques and are looking for applications in economics.

The Economics of Market Disequilibrium

The Economics of Market Disequilibrium PDF Author: Jean-Pascal Bénassy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
Microeconomics; Market equilibrium and disequilib rium; Disequilibrium trading and quantity signals; Effective demand: A first approach; Effective demand and spillover effects; Price making; Non-Walrasian equilibrium concepts; The general framework; Fixprice equilibria; Expectations and temporary fixprice equilibria; Temporary equilibria with price makers; Efficiency; Macroeconomics; A model of unemployment; Unemployment and expectations; A model of unemployment with flexible price; A model of inflation.

Disequilibrium Foundations of Equilibrium Economics

Disequilibrium Foundations of Equilibrium Economics PDF Author: Franklin M. Fisher
Publisher:
ISBN: 9780521242646
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
The most common mode of analysis in economic theory is to assume equilibrium. Yet, without a proper theory of how economies behave in disequilibrium, there is no foundation for such a practice. The necessary step in proposing a foundation is the formulation of a theory of stability, and in this 1984 book, Professor Fisher is primarily concerned with this subject, although disequilibrium behavior itself is analyzed. The author first undertakes a review of the existing literature on the stability of general equilibrium. He then proposes a more satisfactory general model in which agents realize their state of disequilibrium and act on arbitrage opportunities. The interrelated topics of the role of money, the nature of quantity constraints, and the optimal behaviour of arbitraging agents are extensively treated.

Capital in Disequilibrium

Capital in Disequilibrium PDF Author: Peter Lewin
Publisher: Routledge
ISBN: 1134756046
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest a new approach to the subject of economics. Original and provocative in his reflection, Lewin offers both a new approach and an accessible discussion of one of the most important, but also one of the most difficult, areas in economics.

Disequilibrium Economics

Disequilibrium Economics PDF Author: Joost Van Doorn
Publisher: London : Macmillan Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
Textbook on disequilibrium economics - covers macroeconomics and microeconomics, neo-classical economic theory, stabilization policy, etc. Bibliography pp. 91 to 96, graphs and references.

Strategizing, Disequilibrium, and Profit

Strategizing, Disequilibrium, and Profit PDF Author: John Alwyn Mathews
Publisher: Stanford University Press
ISBN: 9780804754835
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
This book outlines a conceptual framework within which strategizing by firms takes place in the same conditions of turbulence that are found in the real economy. The framework accomodates strategizing around issues of innovation, networks formation, entrepreneurship, extension of value chains, and other phenomena that do not fit easily into conventional equilibrium-based settings.

Equilibrium and Disequilibrium in Economic Theory

Equilibrium and Disequilibrium in Economic Theory PDF Author: G. Schwödiauer
Publisher: Springer Science & Business Media
ISBN: 9401011559
Category : Social Science
Languages : en
Pages : 768

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Book Description
This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.

Transforming Modern Macroeconomics

Transforming Modern Macroeconomics PDF Author: Roger E. Backhouse
Publisher: Cambridge University Press
ISBN: 110702319X
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
Since the 1950s, macroeconomics has been transformed. This book is about one of the most important aspects of that transformation: the attempt, through the end of the twenty-first century and beyond, to construct macroeconomic models rigorously derived from models of individual firms and households.

Models of Disequilibrium and Shortage in Centrally Planned Economies

Models of Disequilibrium and Shortage in Centrally Planned Economies PDF Author: C.M. Davis
Publisher: Springer Science & Business Media
ISBN: 9400908237
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.

Topics in Disequilibrium Economics

Topics in Disequilibrium Economics PDF Author: Steinar Strom
Publisher: Springer
ISBN: 1349039179
Category : Business & Economics
Languages : en
Pages : 129

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Book Description