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The Resource General equilibrium theory of value, Yves Balasko

General equilibrium theory of value, Yves Balasko

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Summary
"The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up-to-date look at the standard theory of general equilibrium, to which he has been a major contributor. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model, from basic consumer theory and exchange economies to models with private ownership of production. Balasko examines properties of the standard general equilibrium model that are beyond traditional existence and optimality. He applies the theory of smooth manifolds and mappings to the multiplicity of equilibrium solutions and related discontinuities of market prices. The economic concepts and differential topology methods presented in this book are accessible, clear, and relevant, and no prior knowledge of economic theory is necessary. The General Equilibrium Theory of Value offers a comprehensive foundation for the most current models of economic theory and is ideally suited for graduate economics students, advanced undergraduates in mathematics, and researchers in the field"--
Language
eng
Work
Publication
Extent
1 online resource (xii, 175 pages)
Contents
  • COVER; CONTENTS; PREFACE; CHAPTER 1: GOODS AND PRICES; CHAPTER 2: PREFERENCES AND UTILITY; CHAPTER 3: DEMAND FUNCTIONS; CHAPTER 4: THE EXCHANGE MODEL; CHAPTER 5: THE EQUILIBRIUM MANIFOLD; CHAPTER 6: APPLICATIONS OF THE GLOBAL COORDINATE SYSTEM; CHAPTER 7: THE BROAD PICTURE; CHAPTER 8: THE FINE PICTURE; CHAPTER 9: PRODUCTION WITH DECREASING RETURNS; CHAPTER 10: EQUILIBRIUM WITH DECREASING RETURNS; CHAPTER 11: PRODUCTION WITH CONSTANT RETURNS; CHAPTER 12: EQUILIBRIUM WITH CONSTANT RETURNS; POSTSCRIPT; APPENDIX A: NOTATION; APPENDIX B: POINT-SET TOPOLOGY; APPENDIX C: SMOOTH MANIFOLDS
  • APPENDIX D: SINGULARITIES OF SMOOTH MAPSAPPENDIX E: CONVEXITY; APPENDIX F: MISCELLANY; REFERENCES; INDEX
Isbn
9781400838912
Link
http://www.jstor.org/stable/10.2307/j.ctt7sztd
Instance
Label
General equilibrium theory of value
Title
General equilibrium theory of value
Statement of responsibility
Yves Balasko
Creator
Subject
Language
eng
Summary
"The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up-to-date look at the standard theory of general equilibrium, to which he has been a major contributor. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model, from basic consumer theory and exchange economies to models with private ownership of production. Balasko examines properties of the standard general equilibrium model that are beyond traditional existence and optimality. He applies the theory of smooth manifolds and mappings to the multiplicity of equilibrium solutions and related discontinuities of market prices. The economic concepts and differential topology methods presented in this book are accessible, clear, and relevant, and no prior knowledge of economic theory is necessary. The General Equilibrium Theory of Value offers a comprehensive foundation for the most current models of economic theory and is ideally suited for graduate economics students, advanced undergraduates in mathematics, and researchers in the field"--
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Provided by publisher
Cataloging source
N$T
Index
index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
General equilibrium theory of value, Yves Balasko
Label
General equilibrium theory of value, Yves Balasko
Link
http://www.jstor.org/stable/10.2307/j.ctt7sztd
Publication
Related Contributor
Related Location
Related Agents
Related Authorities
Related Subjects
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 167-170) and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • COVER; CONTENTS; PREFACE; CHAPTER 1: GOODS AND PRICES; CHAPTER 2: PREFERENCES AND UTILITY; CHAPTER 3: DEMAND FUNCTIONS; CHAPTER 4: THE EXCHANGE MODEL; CHAPTER 5: THE EQUILIBRIUM MANIFOLD; CHAPTER 6: APPLICATIONS OF THE GLOBAL COORDINATE SYSTEM; CHAPTER 7: THE BROAD PICTURE; CHAPTER 8: THE FINE PICTURE; CHAPTER 9: PRODUCTION WITH DECREASING RETURNS; CHAPTER 10: EQUILIBRIUM WITH DECREASING RETURNS; CHAPTER 11: PRODUCTION WITH CONSTANT RETURNS; CHAPTER 12: EQUILIBRIUM WITH CONSTANT RETURNS; POSTSCRIPT; APPENDIX A: NOTATION; APPENDIX B: POINT-SET TOPOLOGY; APPENDIX C: SMOOTH MANIFOLDS
  • APPENDIX D: SINGULARITIES OF SMOOTH MAPSAPPENDIX E: CONVEXITY; APPENDIX F: MISCELLANY; REFERENCES; INDEX
http://library.link/vocab/cover_art
https://contentcafe2.btol.com/ContentCafe/Jacket.aspx?Return=1&Type=S&Value=9781400838912&userID=ebsco-test&password=ebsco-test
Dimensions
unknown
http://library.link/vocab/discovery_link
{'f': 'http://opac.lib.rpi.edu/record=b4337377'}
Extent
1 online resource (xii, 175 pages)
File format
unknown
Form of item
online
Isbn
9781400838912
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote

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