General equilibrium and welfare economics an introduction /
A good basic understanding of general equilibrium theory is a fundamental and indispensable background for advanced work in virtually any sub-field of economics; and a thorough understanding of the methods of welfare economics, particularly in a general equilibrium context, is indispensable for inve...
| Main Author: | Moore, James C., 1936- |
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| Other Authors: | SpringerLink (Online service) |
| Format: | eBook |
| Language: | English |
| Published: |
Berlin ; New York :
Springer,
©2007.
Berlin ; New York : [2007] |
| Physical Description: |
1 online resource (xv, 576 pages) : illustrations. |
| Subjects: |
| Summary: |
A good basic understanding of general equilibrium theory is a fundamental and indispensable background for advanced work in virtually any sub-field of economics; and a thorough understanding of the methods of welfare economics, particularly in a general equilibrium context, is indispensable for investigators undertaking applied policy analysis. This book addresses these needs and requirements by emphasizing the basic underpinnings of general equilibrium and welfare economics. In particular, the theory of choice, which is fundamental to both areas, is developed in a very comprehensive and rigorous fashion. Moreover, extensive use is made of examples, both of the simple type intended to bolster the student's understanding of the basic concepts, and those illustrating the application of the material to field areas in economics. |
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| Item Description: |
Includes bibliographical references (pages 555-567)-and indexes. Preference Theory -- Algebraic Choice Theory -- Revealed Preference Theory -- Consumer Demand Theory -- Pure Exchange Economies -- Production Theory -- Fundamental Theorems -- The Existence of Competitive Equilibrium -- Examples of General Equilibrium Analyses -- Comparative Statics and Stability -- The Core of an Economy -- General Equilibrium with Uncertainty -- Further Topics -- Social Choice and Voting Rules -- Some Tools of Applied Welfare Analysis -- Public Goods -- Externalities -- Incentives and Implementation Theory -- Appendix. Solutions for Selected Exercises. A good basic understanding of general equilibrium theory is a fundamental and indispensable background for advanced work in virtually any sub-field of economics; and a thorough understanding of the methods of welfare economics, particularly in a general equilibrium context, is indispensable for investigators undertaking applied policy analysis. This book addresses these needs and requirements by emphasizing the basic underpinnings of general equilibrium and welfare economics. In particular, the theory of choice, which is fundamental to both areas, is developed in a very comprehensive and rigorous fashion. Moreover, extensive use is made of examples, both of the simple type intended to bolster the student's understanding of the basic concepts, and those illustrating the application of the material to field areas in economics. University staff and students only. Requires University Computer Account login off-campus. |
| Physical Description: |
1 online resource (xv, 576 pages) : illustrations. |
| Bibliography: |
Includes bibliographical references (pages 555-567)-and indexes. |
| ISBN: |
3540314075 9783540314073 9783540322238 354032223X 1280727160 9781280727160 6610727163 9786610727162 |
| Access: |
University staff and students only. Requires University Computer Account login off-campus. |