Static and Dynamic Aspects of General Disequilibrium Theory

Static and Dynamic Aspects of General Disequilibrium Theory PDF Author: P. Jean-Jacques Herings
Publisher: Springer Science & Business Media
ISBN: 1461562511
Category : Business & Economics
Languages : en
Pages : 509

Get Book Here

Book Description
Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality. At the core of mathematical economics is general equilibrium theory. Static and Dynamic Aspects of General Disequilibrium Theory describes and analyses various general equilibrium models, treating theory from an axiomatic point of view, which may lead to a deeper understanding of problems, may help to avoid incorrect reasoning, and may improve communication within the economic science. This volume consists of four parts, each of which is self-contained. Part I deals with the mathematical and economic preliminaries. Part II considers the static aspects of disequilibrium theory. Part III determines price rigidities endogenously. Finally, Part IV deals with dynamic aspects of disequilibrium theory.

Static and Dynamic Aspects of General Disequilibrium Theory

Static and Dynamic Aspects of General Disequilibrium Theory PDF Author: P. Jean-Jacques Herings
Publisher: Springer Science & Business Media
ISBN: 1461562511
Category : Business & Economics
Languages : en
Pages : 509

Get Book Here

Book Description
Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality. At the core of mathematical economics is general equilibrium theory. Static and Dynamic Aspects of General Disequilibrium Theory describes and analyses various general equilibrium models, treating theory from an axiomatic point of view, which may lead to a deeper understanding of problems, may help to avoid incorrect reasoning, and may improve communication within the economic science. This volume consists of four parts, each of which is self-contained. Part I deals with the mathematical and economic preliminaries. Part II considers the static aspects of disequilibrium theory. Part III determines price rigidities endogenously. Finally, Part IV deals with dynamic aspects of disequilibrium theory.

Static and dynamic aspects of general disequilibrium theory

Static and dynamic aspects of general disequilibrium theory PDF Author: P. Jean-Jacques Herings
Publisher:
ISBN: 9789056680015
Category : Equilibrium (Economics)
Languages : en
Pages : 443

Get Book Here

Book Description


Static and Dynamic Aspects of General Disequilibrium Theory

Static and Dynamic Aspects of General Disequilibrium Theory PDF Author: Peter Jan Jacob Herings
Publisher:
ISBN:
Category :
Languages : en
Pages : 443

Get Book Here

Book Description


Equilibrium, Markets and Dynamics

Equilibrium, Markets and Dynamics PDF Author: Cars H. Hommes
Publisher: Springer Science & Business Media
ISBN: 3642561314
Category : Business & Economics
Languages : en
Pages : 344

Get Book Here

Book Description
This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib rium theory as the main theme.

Studies on the Theory of General Dynamic Economic Equilibrium

Studies on the Theory of General Dynamic Economic Equilibrium PDF Author: Giulio La Volpe
Publisher: Palgrave Macmillan
ISBN: 9781349225835
Category : Business & Economics
Languages : en
Pages : 105

Get Book Here

Book Description
This book presents a theory of the general dynamic economic equilibrium which is a development of the static theory of Walras and Pareto. The work has built up an analytical model of the effective, current movement of an economic system, founded on the logic of the individual changing programmes - a basis for finding out the laws of all types of endogenous and exogenous movements of the economy. Indeed, the model can be used in the treatment of the typical problems of dynamic economics, by means of the author's method of variational dynamic analysis.

Static and Dynamic Aspects of General Disequilibrium Theory

Static and Dynamic Aspects of General Disequilibrium Theory PDF Author: P. Jean-Jacques Herings
Publisher: Springer
ISBN: 9780792398134
Category : Business & Economics
Languages : en
Pages : 508

Get Book Here

Book Description
Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality. At the core of mathematical economics is general equilibrium theory. Static and Dynamic Aspects of General Disequilibrium Theory describes and analyses various general equilibrium models, treating theory from an axiomatic point of view, which may lead to a deeper understanding of problems, may help to avoid incorrect reasoning, and may improve communication within the economic science. This volume consists of four parts, each of which is self-contained. Part I deals with the mathematical and economic preliminaries. Part II considers the static aspects of disequilibrium theory. Part III determines price rigidities endogenously. Finally, Part IV deals with dynamic aspects of disequilibrium theory.

Differential Topology and General Equilibrium with Complete and Incomplete Markets

Differential Topology and General Equilibrium with Complete and Incomplete Markets PDF Author: Antonio Villanacci
Publisher: Springer Science & Business Media
ISBN: 1475736193
Category : Mathematics
Languages : en
Pages : 495

Get Book Here

Book Description
General equilibrium In this book we try to cope with the challenging task of reviewing the so called general equilibrium model and of discussing one specific aspect of the approach underlying it, namely, market completeness. With the denomination "general equilibrium" (from now on in short GE) we shall mainly refer to two different things. On one hand, in particular when using the expression "GE approach", we shall refer to a long established methodolog ical tradition in building and developing economic models, which includes, as of today, an enormous amount of contributions, ranging in number by several 1 thousands • On the other hand, in particular when using the expression "stan dard differentiable GE model", we refer to a very specific version of economic model of exchange and production, to be presented in Chapters 8 and 9, and to be modified in Chapters 10 to 15. Such a version is certainly formulated within the GE approach, but it is generated by making several quite restrictive 2 assumptions • Even to list and review very shortly all the collective work which can be ascribed to the GE approach would be a formidable task for several coauthors in a lifetime perspective. The book instead intends to address just a single issue. Before providing an illustration of its main topic, we feel the obligation to say a word on the controversial character of GE. First of all, we should say that we identify the GE approach as being based 3 on three principles .

The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics PDF Author:
Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493

Get Book Here

Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Pricing and Equilibrium

Pricing and Equilibrium PDF Author: Erich Schneider
Publisher: Psychology Press
ISBN:
Category : Economics, Mathematical
Languages : en
Pages : 412

Get Book Here

Book Description
This volume analyses value and equilibrium. Chapters on the decisions of household and on the theory of the firm (including short and long-term planning and investment) include both static and dynamic analysis. * Based on the enlarged sixth German edition this English edition contains many diagrams and an introduction to linear programming, as well as full treatment of the author's well-known theory of production.

Chapters in Game Theory

Chapters in Game Theory PDF Author: Stef Tijs
Publisher: Springer Science & Business Media
ISBN: 1402070632
Category : Business & Economics
Languages : en
Pages : 327

Get Book Here

Book Description
Colleagues and former students in mathematics and econometrics were asked to write on topics that intersected their own specialty and the work of Tijs, who over the past quarter century has created a distinct school of game theory at various universities in the Netherlands. Some of the 14 papers present new results, and others are surveys of the literature, but most fall somewhere between. The topics include sequencing games, the number of extreme points of the core of a transferable utility game, centrality orderings in social networks, the nucleolus as equilibrium price, and a maximum likelihood approach to population uncertainty and equilibrium selection. There is no index. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).