The equilibrium, stability, mythology Afriat, S. N. 1925- creator text bibliography enk London New York Routledge 2003 monographic eng

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xiv, 128 p. : ill. ; 25 cm. 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 ... The market phenomenon -- Market equilibrium and stability -- The linear market model -- Market & myth -- On trade, and self-sufficiency -- In the economic context: concerning 'efficiency'. S.N. Afriat. Includes bibliographical references and index. Economics, Mathematical Equilibrium (Economics) 380.1/01/5195 0415300487 2002068229 020722 20181127183912.0 7578