Core And Equilibria Of A Large Economy Psme 5
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Core And Equilibria Of A Large Economy Psme 5
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Author : Werner Hildenbrand
language : en
Publisher: Princeton University Press
Release Date : 2015-03-08
Core And Equilibria Of A Large Economy Psme 5 written by Werner Hildenbrand and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-08 with Business & Economics categories.
Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a general and precise definition of economics with this property he considers both economies with a continuum of agents, and a sequence of economies with an increasing number of participants. In both cases this leads to a measure theoretic formulation of economic equilibrium analysis. In the first part of the book the relevant mathematics is developed. In the second part the continuity and convexity properties of the total demand of a consumption sector are investigated. An important result is the equivalence between the core and the set of Walras equilibria for an exchange economy with a continuum of agents. The author then deals with limit theorems on the core for purely competitive sequences of exchange economies. In the last chapter the core and the set of Walras equilibria for a coalition production economy and the relation between these two equilibrium concepts are studied. Originally published in 1974. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Core And Equilibria Of A Large Economy
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Author : Werner Hildenbrand
language : en
Publisher: Princeton, N.J : Princeton University Press
Release Date : 1974
Core And Equilibria Of A Large Economy written by Werner Hildenbrand and has been published by Princeton, N.J : Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Economics, Mathematical categories.
Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a general and precise definition of economics with this property he considers both economies with a continuum of agents, and a sequence of economies with an increasing number of participants. In both cases this leads to a measure theoretic formulation of economic equilibrium analysis. In the first part of the book the relevant mathematics is developed. In the second part the continuity and convexity properties of the total demand of a consumption sector are investigated. An important result is the equivalence between the core and the set of Walras equilibria for an exchange economy with a continuum of agents. The author then deals with limit theorems on the core for purely competitive sequences of exchange economies. In the last chapter the core and the set of Walras equilibria for a coalition production economy and the relation between these two equilibrium concepts are studied. Originally published in 1974. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Monopolistic Competition And Effective Demand Psme 6
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Author : Hukukane Nikaido
language : en
Publisher: Princeton University Press
Release Date : 2015-03-08
Monopolistic Competition And Effective Demand Psme 6 written by Hukukane Nikaido and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-08 with Business & Economics categories.
While traditional price theory has successfully elucidated national income distribution in a perfectly competitive economy, little is known today about the overall working of a noncompetitive economy. This book moves to remedy the imbalance by sketching a general equilibrium theory of a noncompetitive economy. Developing his theory in the world of the standard Leontief system, Hukukane Nikaido attempts to construct objective demand functions reflecting the interdependence of economic agents in the real world upon which the monopolist's control of prices or output ultimately depends. Originally published in 1975. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Demand Functions And The Slutsky Matrix Psme 7 Volume 7
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Author : Sydney N. Afriat
language : en
Publisher: Princeton University Press
Release Date : 2014-07-14
Demand Functions And The Slutsky Matrix Psme 7 Volume 7 written by Sydney N. Afriat and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-14 with Business & Economics categories.
The utility idea has had a long history in economics, especially in the explanation of demand and in welfare economics. In a comprehensive survey and critique of the Slutsky theory and the pattern to which it belongs in the economic context, S. N. Afriat offers a resolution of questions central to its main idea, including sufficient conditions as well. Originally published in 1980. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
The Publishers Trade List Annual
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Author :
language : en
Publisher:
Release Date : 1985
The Publishers Trade List Annual written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with American literature categories.
Core Equilibria Of Large Economy
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Author : W. Hildenbrand
language : it
Publisher:
Release Date :
Core Equilibria Of Large Economy written by W. Hildenbrand and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Fundamentals Of Tree Ring Research
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Author : James H. Speer
language : en
Publisher: University of Arizona Press
Release Date : 2010
Fundamentals Of Tree Ring Research written by James H. Speer and has been published by University of Arizona Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Science categories.
This comprehensive text addresses all of the subjects that a reader who is new to the field will need to know and will be a welcome reference for practitioners at all levels. It includes a history of the discipline, biological and ecological background, principles of the field, basic scientific information on the structure and growth of trees, the complete range of dendrochronology methods, and a full description of each of the relevant subdisciplines.
Restoring Economic Growth In Argentina
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Author : William R. Cline
language : en
Publisher:
Release Date : 2016
Restoring Economic Growth In Argentina written by William R. Cline and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Cline reviews the debate on the causes of Argentina's economic collapse in late 2001 and 2002 and examines the measures needed to help restore sustainable growth. Some analysts stress fiscal imbalances, others overvaluation of the peso under the convertibility plan, and others external shocks. Cline judges that all three contributed substantially, but that it was their inflammatory interaction with domestic political unraveling that forced the bad-equilibrium outcome. He reviews the nascent recovery since the second half of 2002 and the important success of avoiding hyperinflation. Looking forward, the author's analysis underscores the importance of strengthening fiscal performance, in part by increasing relatively low collections of value added taxes. He stresses the need for reform of the system of revenue sharing with the provinces; the importance of strengthening the banking system, which was severely weakened by asymmetric conversion of assets and liabilities from dollars to pesos; and the need to arrive at equitable restructuring of utility tariffs to reestablish confidence of foreign direct investors in the rules of the game. Restructuring government debt is also central to restoring growth. A simple model indicates that a relatively ambitious target for the primary fiscal surplus and a restricted set of senior-status debt will be needed to limit the haircut on junior debt to amounts compatible with longer-term creditor perceptions of fairness. The author also considers the new dynamics of bargaining with the International Monetary Fund (IMF). He judges that although conditionality is arguably appropriately less stringent as only rollover is involved, and despite the large outstanding debt to the IMF, there are limits to how lenient the Fund can and should be in key areas with potential for setting international precedents.This paper - a product of the Office of the Chief Economist, Latin America and the Caribbean Region - is part of a larger effort in the region to understand the causes of macroeconomic crises.
Causes And Consequences Of Species Diversity In Forest Ecosystems
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Author : Aaron M. Ellison
language : en
Publisher: MDPI
Release Date : 2019-07-30
Causes And Consequences Of Species Diversity In Forest Ecosystems written by Aaron M. Ellison and has been published by MDPI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-30 with Science categories.
This book is a printed edition of the Special Issue Causes and Consequences of Species Diversity in Forest Ecosystems that was published in Forests
Energy Insecurity In Asia
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Author : Naoyuki Yoshino
language : en
Publisher: Asian Development Bank
Release Date : 2020-12-29
Energy Insecurity In Asia written by Naoyuki Yoshino and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-29 with categories.
Unlike energy security, energy insecurity has not been extensively studied. While energy security is broadly understood to represent the securing of energy resources, mere physical availability does not necessarily mean that the resources can reach end users. Energy insecurity is not merely a mirror image of energy security, given the diverse consequences and impacts of the unavailability of energy for households. Energy Insecurity in Asia will identify the challenges and explore potential solutions in the context of energy insecurity in Asia. The book consists of two parts. Part I provides thematic and regional studies and solutions for dealing with energy insecurity in different Asian subregions. Part II discusses the importance of renewable energy in addressing energy insecurity and presents several country case studies. There are many factors that countries investing in renewables must consider, such as energy security, climate change mitigation, and reducing air pollution. This book is a timely and valuable resource for researchers and policymakers. It provides insightful case studies and offers practical policy recommendations for solving energy insecurity in Asia and in other regions.