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The Market (Equilibrium, Stability, Mythology) - 9780415859868
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Product Details
Author:
Sydney N. Afriat
Format:
Paperback
Pages:
144
Publisher:
Taylor & Francis (July 20, 2015)
Language:
English
ISBN-13:
9780415859868
Weight:
8oz
Dimensions:
6.125" x 9.1875"
File:
TAYLORFRANCIS-TayFran_260722044359745-20260722.xml
Folder:
TAYLORFRANCIS
List Price:
$33.99
Series:
Routledge Frontiers of Political Economy
Case Pack:
55
As low as:
$32.29
Publisher Identifier:
P-CRC
Discount Code:
H
Audience:
College/higher education
Country of Origin:
United States
Pub Discount:
30
Imprint:
Routledge
Overview
This punchy book unites mainline mathematical economics and sometimes idiosyncratic political economy. Freshness is brought to the market concept giving general equilibrium theory a new lease of life, and an opening of thought on such matters as free trade, globalization and the environment.
Where most theories of general equilibrium have been based on utility maximizing traders, Afriat here maintains the view that the topic essentially is concerned with aggregates and that anything to do with utility is at best secondary if not spurious. The book goes on to discuss political economy, in particular the idea of 'optimum', and its abuses, especially in doctrine related to the market.
This novel book will be of equal appeal to mathematical thinkers, those interested in the theory of market and political economists.
Where most theories of general equilibrium have been based on utility maximizing traders, Afriat here maintains the view that the topic essentially is concerned with aggregates and that anything to do with utility is at best secondary if not spurious. The book goes on to discuss political economy, in particular the idea of 'optimum', and its abuses, especially in doctrine related to the market.
This novel book will be of equal appeal to mathematical thinkers, those interested in the theory of market and political economists.
