This monograph provides a formal and systematic exposition of the main results on the existence and optimality of equilibria in economies with increasing returns to scale. For that, a general equilibrium model is carefully constructed first by means of a precise formalization of consumers and firms, and the proof of an abstract existence result. The analysis shifts then to the study of specific normative and positive models which are particularizations the general one, and to the study of the efficiency of equilibrium allocations. The book provides an unified approach of the topic, it maintains a relatively low mathematical complexity and offers a highly self-contained exposition.
| ISBN: | 9783540611523 |
| Publication date: | 16th August 1996 |
| Author: | Antonio Villar |
| Publisher: | Springer |
| Format: | Paperback |
| Pagination: | 164 pages |
| Series: | Lecture Notes in Economics and Mathematical Systems |
| Genres: |
Economic theory and philosophy Econometrics and economic statistics Mathematical modelling |
This monograph provides a formal and systematic exposition of the main results on the existence and optimality of equilibria in economies with increasing returns to scale. For that, a general equilibrium model is carefully constructed first by means of a precise formalization of consumers and firms, and the proof of an abstract existence result. The analysis shifts then to the study of specific normative and positive models which are particularizations the general one, and to the study of the efficiency of equilibrium allocations. The book provides an unified approach of the topic, it maintains a relatively low mathematical complexity and offers a highly self-contained exposition.
General Equilibrium With Increasing Returns features in the following genres: Economic theory and philosophy, Econometrics and economic statistics, Mathematical modelling
General Equilibrium With Increasing Returns is available in Paperback
General Equilibrium With Increasing Returns was written by Antonio Villar and published by Springer
General Equilibrium With Increasing Returns has 164 pages
Yes it is part of Lecture Notes in Economics and Mathematical Systems series