01516cam a2200241 4500 7578 20181127183912.0 020722s2003 enka b 001 0 eng 2002068229 0415300487 380.1/01/5195 21 Afriat, S. N., 1925- The market : equilibrium, stability, mythology / S.N. Afriat. London ; New York : Routledge, 2003. xiv, 128 p. : ill. ; 25 cm. Routledge frontiers of political economy ; 44 Includes bibliographical references and index. The market phenomenon -- Market equilibrium and stability -- The linear market model -- Market & myth -- On trade, and self-sufficiency -- In the economic context: concerning 'efficiency'. 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 ... Economics, Mathematical. Equilibrium (Economics) 6487 6487 0 0 ddc 0 0 MAIN RTCLIB RTCLIB MAIN 11528 0 380.1 AFR 30012566 2018-11-27 00:00:00 2018-11-27 MAIN