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

By:

Werner Hildenbrand

Format:

Paperback / softback

Series:

Princeton Legacy Library

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Description

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

Release date NZ

March 8th, 2015

Author

Werner Hildenbrand

Audiences

Professional & Vocational
Tertiary Education (US: College)

Pages

262

Series

Princeton Legacy Library

Dimensions

155x235x14

ISBN-13

9780691618784

Product ID

23118380

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