The Market

Equilibrium, Stability, Mythology

By:

Sydney N. Afriat

Format:

Hardback

Series:

Routledge Frontiers of Political Economy

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Description

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. 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. This novel book will be of equal appeal to mathematical thinkers, those interested in the theory of market and political economists.

Author Biography:

S. N. Afriat, currently associated with the University of Siena, Italy, has a long and distinguished rocord of publishing at the interface of mathematics and economics.

Release date NZ

September 19th, 2002

Author

Sydney N. Afriat

Audiences

Professional & Vocational
Tertiary Education (US: College)

Pages

144

Series

Routledge Frontiers of Political Economy

Dimensions

156x234x15

ISBN-13

9780415300483

Product ID

5228370

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