General Equilibrium Growth and Trade II is popular PDF and ePub book, written by Robert Becker in 2014-05-10, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, General Equilibrium Growth and Trade II can be Read Online from any device for your convenience.
General Equilibrium Growth and Trade II Book PDF Summary
General Equilibrium, Growth, and Trade, Volume II: The Legacy of Lionel McKenzie presents the impact of Lionel McKenzie's contributions on modern economics. This book discusses McKenzie's researches that are relevant in applied economic fields, including general equilibrium, optimal growth, and international trade. Organized into three parts encompassing 24 chapters, this volume begins with an overview of the existence of competitive equilibrium in an economy with a finite number of agents and commodities. This text then presents two analyses that are basically responses to criticism of the development of real indeterminacy. Other chapters consider McKenzie's assumption of irreducibility, which plays a significant role in showing how compensated equilibria will be uncompensated equilibria because agents have cheaper net trade vectors in their feasible sets. This book discusses as well some properties of competitive equilibria for dynamic exchange economies with an infinite horizon and incomplete financial markets. This book is a valuable resource for economists and economic theorists.
Detail Book of General Equilibrium Growth and Trade II PDF
- Author : Robert Becker
- Release : 10 May 2014
- Publisher : Academic Press
- ISBN : 9781483216386
- Genre : Business & Economics
- Total Page : 630 pages
- Language : English
- PDF File Size : 16,8 Mb
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