The Locator -- [(title = "Equilibrium")]

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02949aam a22003138i 4500
001 C145AD4A652711EBAC2324F85BECA4DB
003 SILO
005 20210202012344
008 200518s2020    nju      b    000 0 eng  
010    $a 2020022816
020    $a 9811219613
020    $a 9789811219610
035    $a (OCoLC)1149666802
040    $a DLC $b eng $e rda $c DLC $d OCLCO $d OCLCF $d SILO
042    $a pcc
050 00 $a HB145 S889 2020
100 1  $a Suzuki, Takashi, $d 1959- $e author.
245 10 $a Fundamentals of general equilibrium analysis / $c Takashi Suzuki, Meiji Gakuin University, Japan.
263    $a 2008
264  1 $a USA : $b World Scientific, $c 2020.
300    $a pages cm.
490 0  $a Series on mathematical economics and game theory; $v vol 6
504    $a Includes bibliographical references.
520    $a "The aim of this book is to incorporate Marshallian ideas such as external increasing returns and monopolistic competitions into the general equilibrium framework of Walrasian tradition. New chapters and sections have been added to this revised and expanded edition of General Equilibrium Analysis of Production and Increasing Returns (World Scientific, 2009). The new material includes a presentation of equilibrium existence and core equivalence theorems for an infinite horizon economy with a measure space of consumers. These results are currently the focus of extensive studies by mathematical theorists, and are obtained by an application of an advanced mathematical concept called saturated (super-atomless) measure space. The second major change is the inclusion of a simple toy model of a liberal society which implements the difference principle proposed by J Rawls as a principle of distributive justice. This new section opens up a possibility to connect theoretical economics and political philosophy. Thirdly, the author presents the marginal cost pricing equilibrium and discusses welfare properties of the external increasing returns, which also belong to Marshall/ Pigou tradition of the Cambridge school. Finally, a new mathematical appendix treats basics of singular homology theory. Although the fixed point theorem is originally a theorem of algebraic topology, most economic students know its proof only in the context of the differentiable manifold theory presented by J Milnor. Considering the significance of the fixed point theorem and its playing a key role in general equilibrium theory, the purpose of this new appendix is to provide readers with the idea of a proof of Brower's fixed point theorem from the "right place". This volume will be helpful for graduate students and researchers of mathematical economics, game theory, and microeconomics"-- $c Provided by publisher.
650  0 $a Equilibrium (Economics) $x Mathematical models.
941    $a 1
952    $l USUX851 $d 20220706020831.0
956    $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=C145AD4A652711EBAC2324F85BECA4DB
994    $a C0 $b IWA

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