AuthorFlorenzano, Monique. author
TitleGeneral Equilibrium Analysis [electronic resource] : Existence and Optimality Properties of Equilibria / by Monique Florenzano
ImprintBoston, MA : Springer US : Imprint: Springer, 2003
Connect tohttp://dx.doi.org/10.1007/978-1-4757-5315-8
Descript XI, 181 p. online resource

SUMMARY

General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at the beginning of the fifties and since then extensively used, worked and studied. Existence and optimality of general equilibrium are developed repeatedly under different sets of hypothesis which define some general settings and delineate different approaches to the general equilibrium existence problem. The final chapter is devoted to the extension of the general equilibrium model to economies defined on an infinite dimensional commodity space. The objective of General Equilibrium Analysis is to give to each problem in each framework the most general solution, at least for the present state of art. The intended readers are graduate students, specialists and researchers in economics, especially in mathematical economics. The book is appropriate as a class text, or for self-study


CONTENT

1. Fixed Points and Maximal Elements -- 2. Transitive Equilibrium -- 3. Nontransitive Equilibrium -- 4. Optimality Properties of Equilibrium -- 5. Infinite Dimensional Economies -- A.1 Upper and lower semicontinuity -- A.2 Related concepts -- A.3 Operations with correspondences -- A.4 Maximum Theorem -- Index of symbols


SUBJECT

  1. Economics
  2. Management science
  3. Economic theory
  4. Microeconomics
  5. Economics
  6. Economic Theory/Quantitative Economics/Mathematical Methods
  7. Economics
  8. general
  9. Microeconomics