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General Equilibrium. Problems and Prospects PDF

545 Pages·2002·2.621 MB·English
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by Fabio Petri, Frank Hahn| 2002| 545 pages| 2.621| English

About General Equilibrium. Problems and Prospects

In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate. General equilibrium theorists including Michio Morishima, Michael Magill and Martine Quinzii debate strengths, weaknesses and possible futures with leading thinkers such as Herb Gintis, Pierangelo Garegnani and Duncan Foley, who seek to explain the rejection of general equilibrium. Uniquely, none of the contributors portray general equilibrium theory as the perfect guide to market economies actual behaviour, but rather illustrate that there is insufficient acquaintance with existing alternatives and that general equilibrium theory is often used as an ideal 'benchmark'.

Detailed Information

Author:Fabio Petri, Frank Hahn
Publication Year:2002
ISBN:9780415296915
Pages:545
Language:English
File Size:2.621
Format:PDF
Price:FREE
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