000 01516cam a2200241 4500
001 7578
005 20181127183912.0
008 020722s2003 enka b 001 0 eng
010 _a 2002068229
020 _a0415300487
082 0 0 _a380.1/01/5195
_221
100 1 _aAfriat, S. N.,
_d1925-
245 1 4 _aThe market :
_bequilibrium, stability, mythology /
_cS.N. Afriat.
260 _aLondon ;
_aNew York :
_bRoutledge,
_c2003.
300 _axiv, 128 p. :
_bill. ;
_c25 cm.
440 0 _aRoutledge frontiers of political economy ;
_v44
504 _aIncludes bibliographical references and index.
505 _aThe market phenomenon -- Market equilibrium and stability -- The linear market model -- Market & myth -- On trade, and self-sufficiency -- In the economic context: concerning 'efficiency'.
_g
_r
_t
520 _aThis 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 ...
650 0 _aEconomics, Mathematical.
650 0 _aEquilibrium (Economics)
999 _c6487
_d6487