Static and Dynamic Aspects of General Disequilibrium Theory

P. Jean-Jacques Herings (Autor)

Buch | Softcover

508 Seiten

2012
Springer-Verlag New York Inc.
978-1-4613-7868-6 (ISBN)

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Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality. At the core of mathematical economics is general equilibrium theory. Static and Dynamic Aspects of General Disequilibrium Theory describes and analyses various general equilibrium models, treating theory from an axiomatic point of view, which may lead to a deeper understanding of problems, may help to avoid incorrect reasoning, and may improve communication within the economic science.
This volume consists of four parts, each of which is self-contained. Part I deals with the mathematical and economic preliminaries. Part II considers the static aspects of disequilibrium theory. Part III determines price rigidities endogenously. Finally, Part IV deals with dynamic aspects of disequilibrium theory.

1 Introduction.- 1.1 The Axiomatic Analysis of Economic Equilibrium.- 1.2 Objects of the Monograph.- 1.3 Contents of the Monograph.- I Preliminaries.- 2 Mathematical Preliminaries.- 3 Economic Preliminaries.- II Static Aspects of Disequilibrium.- 4 Equilibrium Existence Results for Economies with Price Rigidities.- 5 On the Connectedness of the Set of Constrained Equilibria.- 6 The Computation of a Continuum of Constrained Equilibria.- 7 Intersection Theorems with a Continuum of Intersection Points.- III Endogenously Determined Disequilibrium.- 8 Endogenously Determined Price Rigidities.- 9 Regulation of Prices, the Generic Case?.- IV Dynamic Aspects of Disequilibrium.- 10 A Globally and Universally Stable Price Adjustment Process.- 11 A Globally and Universally Stable Quantity Adjustment Process.- 12 Equilibrium Adjustment of Disequilibrium Prices.- References.

Erscheint lt. Verlag	11.10.2012
Reihe/Serie	Theory and Decision Library C ; 13
Zusatzinfo	IX, 508 p.
Verlagsort	New York
Sprache	englisch
Maße	155 x 235 mm
Themenwelt	Sachbuch/Ratgeber ► Natur / Technik ► Garten
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Ökonometrie
ISBN-10	1-4613-7868-0 / 1461378680
ISBN-13	978-1-4613-7868-6 / 9781461378686
Zustand	Neuware