The market : equilibrium, stability, mythology /
Saved in:
| Author / Creator: | Afriat, S. N., 1925- |
|---|---|
| Imprint: | London ; New York : Routledge, 2003. |
| Description: | 1 online resource (xiv, 128 pages) : illustrations |
| Language: | English |
| Series: | Routledge frontiers of political economy ; 44 Routledge frontiers of political economy ; 44. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/11298689 |
| 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.<br> 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.<br> This novel book will be of equal appeal to mathematical thinkers, those interested in the theory of market and political economists. |
|---|---|
| Physical Description: | 1 online resource (xiv, 128 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0203994914 9780203994917 0415300487 9780415300483 9781134420049 1134420048 9781134419999 1134419996 9781134420032 113442003X 9780415859868 0415859867 |