Imperfect General Equilibrium

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Imperfect General Equilibrium

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Author : Pier Carlo Nicola
language : en
Publisher:
Release Date : 1994

Imperfect General Equilibrium written by Pier Carlo Nicola and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Economics, Mathematical categories.

Imperfect General Equilibrium

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Author : Pier C. Nicola
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Imperfect General Equilibrium written by Pier C. Nicola and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

Economic theory of the last fifty years has been dominated by the paradigm of General Equilibrium Theory, based on the scientific work of Walras-Pareto-Cassel-Wald-Hicks-Arrow-De breu-McKenzie. Some of its grounding assumptions are: all prices are fully flexible; an auctioneer appropriately manipulates all prices according to the law of supply and demand; every con sumer has only one budget constraint; all agents are perfectly informed; no actions are taken by agents before a vector of prices has been found such that all markets clear. Indeed, when all markets clear every agent can implement her/his chosen (opti mal) action and nobody is urged to change his/her decisions. Under these assumptions it is generally said that in a (one pe riod, competitive) general equilibrium model there is no place for money. The present monograph takes general equilibrium as the ba sis on which to build the model presented. But its first aim is to completely dispense with the Walrasian auctioneer by giving firms the task of choosing their output price~ period after period.

Applied General Equilibrium Modelling

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Author : Dirk Willenbockel
language : en
Publisher: Wiley
Release Date : 1994-11-29

Applied General Equilibrium Modelling written by Dirk Willenbockel and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-11-29 with Business & Economics categories.

Provides a step-by-step introduction to applied general equilibrium modelling of trade policy reforms and regional economic integration initiatives. Includes a detailed description of a contemporary practical application to assess the economic consequences of the single European Market.

General Equilibrium Analysis Of Imperfect Competition

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Author : Ammar Siamwalla
language : en
Publisher:
Release Date : 1966

General Equilibrium Analysis Of Imperfect Competition written by Ammar Siamwalla and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1966 with Competition categories.

General Equilibrium Analysis Of Imperfect Competition

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Author : ʻAmmā Sayāmwālā
language : en
Publisher:
Release Date : 1967

General Equilibrium Analysis Of Imperfect Competition written by ʻAmmā Sayāmwālā and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with categories.

The Macroeconomics Of Imperfect Competition And Nonclearing Markets

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Author : J.P. Bénassy
language : en
Publisher:
Release Date : 2002

The Macroeconomics Of Imperfect Competition And Nonclearing Markets written by J.P. Bénassy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.

Imperfect Competition In General Equilibrium

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Author : Oliver D. Hart
language : en
Publisher:
Release Date : 1982

Imperfect Competition In General Equilibrium written by Oliver D. Hart and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with categories.

Strategic Multilateral Exchange

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Author : Jean Jaskold Gabszewicz
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-01-01

Strategic Multilateral Exchange written by Jean Jaskold Gabszewicz and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-01 with Business & Economics categories.

'To non-economists, it is hard to understand why economists spend so much effort on the competitive model whereas the world seems to be replete with large and powerful economic actors. In this respect, Jean Gabszewicz is atypical: he has spent most of his research time working on imperfectly competitive markets. However, instead of restricting himself to partial equilibrium analyses, he has tackled from the outset the problem of imperfect competition in a system of interrelated markets with the aim of studying how market power is spread throughout the whole system. This is one of the most challenging and fascinating tasks that economists face. But this is also a very hard one, and may explain why so few have tried. This book builds on the seminal contributions of Cournot and Edgeworth and does not intend to provide a full-fledged answer to the many questions raised by the general theory of imperfect competition. However, by presenting in a transparent way most of the problems that lie at the roots of imperfect competition in general equilibrium and by proposing various elegant solutions, it paves the way to any future research in the field. No doubt it will become a basic reference in the long run. The economics profession should thank Jean Gabszewicz for a fresh and daring way of looking at market power.' - Jacques Thisse, Université Catholique de Louvain, Belgium and École Nationale des Ponts et Chaussées, France Jean Gabszewicz's new book is devoted to the study of strategic multilateral exchange. Contrary to the classical competitive paradigm in which agents are assumed to behave as price takers, here traders are allowed to consciously behave as strategic agents who aim to influence trade to their own advantage. This is usually done in oligopoly theory using a partial equilibrium approach while in this case a system of interrelated markets is considered.

General Equilibrium Concepts Under Imperfect Competition

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Author : Claude d' Aspremont
language : en
Publisher:
Release Date : 1992

General Equilibrium Concepts Under Imperfect Competition written by Claude d' Aspremont and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.

Efficiency And Optimality Of Imperfect Competition In General Equilibrium

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Author : V. Böhm
language : es
Publisher:
Release Date : 1992

Efficiency And Optimality Of Imperfect Competition In General Equilibrium written by V. Böhm and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.