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Competitive Equilibrium Bryan Ellickson (University of California, Los Angeles)

Competitive Equilibrium By Bryan Ellickson (University of California, Los Angeles)

Competitive Equilibrium by Bryan Ellickson (University of California, Los Angeles)


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Condition - Very Good
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Summary

This book, intended for advanced undergraduates, provides a self-contained and accessible introduction to general equilibrium analysis with an emphasis on concrete applications. The coverage is exceptionally broad, including existence of equilibrium, models with a continuum of players, economies with individual commodities, computation of equilibrium, and infinite dimensional space.

Competitive Equilibrium Summary

Competitive Equilibrium: Theory and Applications by Bryan Ellickson (University of California, Los Angeles)

The development of general equilibrium theory represents one of the greatest advances in economic analysis in the latter half of the twentieth century. This book, intended for advanced undergraduates and graduate students, provides a broad introduction to competitive equilibrium analysis with an emphasis on concrete applications. The first three chapters are introductory in nature, paving the way for the more advanced second half of the book. Relative to the competition, it is much more 'user friendly' while offering exceptionally broad coverage of topics. Well-designed and interesting applications help to make potentially abstract material more accessible. The book includes 92 illustrations and nearly 200 exercises.

Table of Contents

List of illustrations; Preface; Acknowledgments; Part I. Exchange: 1. Mathematical prerequisites; 2. Walrasian equilibrium; 3. Pareto optimality and the core; 4. A numerical example; 5. Commodities and prices; 6. Summary; Part II. Production: 7. Geometry of vector spaces; 8. CRS production; 9. Alternative models of production; 10. Public goods and joint supply; 11. Summary; Part III. Aumann's Model: 12. Applying Aumann's model; 13. Dealing with nonconvexity; 14. Measure and integration; 15. Hedonic theory and local public goods; 16. Summary; Part IV. Topology: 17. Introduction to topology; 18. Topologies on vector spaces; 19. Summary; Part V. Best Response: 20. Preferences; 21. Existence of best response; 22. Continuity of best response; 23. Miscellany; 24. Summary; Part VI. Clearing Markets: 25. Homogeneity; 26. Existence of Walrasian equilibrium; 27. Computation of equilibria; 28. The excess demand theorem; 29. Kakutani fixed point theorem; 30. Summary; Part VII. Walras Meets Nash: 31. Noncooperative game theory; 32. Walrasian equilibrium; 33. External effects; 34. Nonconvexity; 35. Nonordered preferences; 36. Summary; Part VIII. What is Competition?:37. The second fundamental theorem; 38. Core equivalence; 39. Infinite dimensional commodity spaces; 40. The large square economy; 41. Summary; Bibliography; Index.

Additional information

GOR007660928
9780521319881
0521319889
Competitive Equilibrium: Theory and Applications by Bryan Ellickson (University of California, Los Angeles)
Used - Very Good
Paperback
Cambridge University Press
1994-01-28
420
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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