The market : equilibrium, stability, mythology / S.N. Afriat.

By:

Afriat, S. N, 1925-

Material type:

TextSeries: Routledge frontiers of political economy ; 44Publication details: London ; New York : Routledge, 2003.Description: xiv, 128 p. : ill. ; 25 cmISBN:

0415300487

Subject(s):

DDC classification:

380.1/01/5195 21

Contents:

The market phenomenon -- Market equilibrium and stability -- The linear market model -- Market & myth -- On trade, and self-sufficiency -- In the economic context: concerning 'efficiency'.

Summary: 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 ...

Holdings ( 1 )
Title notes ( 3 )

Holdings
Cover image	Item type	Current library	Home library	Collection	Shelving location	Call number	Materials specified	Vol info	URL	Copy number	Status	Notes	Date due	Barcode	Item holds	Item hold queue priority	Course reserves
	Main	RTC Library Main opac		Main TEST		380.1 AFR					Available			30012566

Total holds: 0

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 ...