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Core and Equilibria of a Large Economy. (PSME-5)

af Werner Hildenbrand

indgår i Princeton Legacy Library serien

indgår i Princeton Studies in Mathematical Economics serien

Core and Equilibria of a Large Economy. (PSME-5) af Werner Hildenbrand
Bag om Core and Equilibria of a Large Economy. (PSME-5)

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 proper

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780691618784
  • Indbinding:
  • Paperback
  • Sideantal:
  • 262
  • Udgivet:
  • 8. marts 2015
  • Størrelse:
  • 157x235x19 mm.
  • Vægt:
  • 404 g.
  • 2-3 uger.
  • 11. december 2024

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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 proper

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