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General Competitive Analysis Summary

General Competitive Analysis: Volume 12 by Kenneth J. Arrow (Kenneth Arrow, Joan Kenney Professor of Economics and Professor of Operations Research, Emeritus, Stanford University, Stanford, CA, USA)

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General Competitive Analysis Reviews

...Arrow and Hahn have provided a definitive analysis (of general equilibrium) that is likely to stand for some years to come ... The book ... is far and away the best and most definitive work on general equilibrium ... It is clearly a must for every economic theorist. Journal of Economic Literature

About Kenneth J. Arrow (Kenneth Arrow, Joan Kenney Professor of Economics and Professor of Operations Research, Emeritus, Stanford University, Stanford, CA, USA)

Kenneth Arrow is the Joan Kenney Professor of Economics and Professor of Operations Research, emeritus; a CHP/PCOR fellow; and an FSI senior fellow by courtesy. He is the joint winner of the Nobel Memorial Prize in Economics with John Hicks in 1972. To date, he is the youngest person to have received this award, at 51. In economics, he is a figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Memorial Prize themselves. His most significant works are his contributions to social choice theory, notably Arrow's impossibility theorem, and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information. He has been co-editor of the Handbooks in Economics series since the mid-1980s.

Table of Contents

Historical Introduction. Market Equilibrium: A First Approach. Production Decisions and the Boundedness of the Economy. Consumer Decisions and Efficient Allocations. The Existence of Competitive Equilibrium. General Equilibrium under Alternative Assumptions. Markets with Non-Convex Preferences. The Core of a Market Economy. The Uniqueness of Competitive Equilibrium. Comparing Equilibria. Introduction to Stability Analysis. Stability with Recontracting. Trading out of Equilibrium: A Pure Exchange Economy. The Keynesian Model. Mathematical Appendix A: Positive Matrices. Mathematical Appendix B: Convex and Related Sets. Mathematical Appendix C: Fixed Point Theorems and Related Combinatorial Algorithms. Indexes.

Additional information

CIN0444854975G
9780444854971
0444854975
General Competitive Analysis: Volume 12 by Kenneth J. Arrow (Kenneth Arrow, Joan Kenney Professor of Economics and Professor of Operations Research, Emeritus, Stanford University, Stanford, CA, USA)
Used - Good
Hardback
Elsevier Science & Technology
20040828
468
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 good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - General Competitive Analysis