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Book Cover
E-book
Author Afriat, S. N., 1925-

Title The market : equilibrium, stability, mythology / S.N. Afriat
Published London ; New York : Routledge, 2003

Copies

Description 1 online resource (xiv, 128 pages) : illustrations
Series Routledge frontiers of political economy ; 44
Routledge frontiers of political economy ; 44.
Contents pt. 1. The market phenomenon -- pt. 2. Market equilibrium and stability -- pt. 3. The linear market model -- pt. 4. Market & myth -- pt. 5. On trade, and self-sufficiency -- pt. 6. In the economic context : concerning 'efficiency'
Summary 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 politic
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Equilibrium (Economics)
Economics, Mathematical.
BUSINESS & ECONOMICS -- Econometrics.
BUSINESS & ECONOMICS -- Statistics.
Economics, Mathematical
Equilibrium (Economics)
Form Electronic book
ISBN 0203994914
9780203994917
9781134420049
1134420048
9781134419999
1134419996
9781134420032
113442003X
9780415859868
0415859867