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Walras39s Market Models Donald A Walker

Name: Walras39s Market Models Donald A Walker
SKU: BELL-2539314
Price: 31.00 USD
Availability: InStock
Rating: 4.7 (66 reviews)

SKU: BELL-2539314

$ 31.00 ~~$ 45.00~~ (-31%)

4.7

66 reviews

Walras39s Market Models Donald A Walker instant download after payment.

Publisher: Cambridge University Press

File Extension: PDF

File size: 5.1 MB

Pages: 476

Author: Donald A. Walker

ISBN: 9780511664502, 9780521562683

Language: English

Year: 2005

Product desciption

Walras39s Market Models Donald A Walker by Donald A. Walker 9780511664502, 9780521562683 instant download after payment.

Walras's Market Models describes and evaluates Léon Walras' models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, this book differs from previous examinations of his work. During his mature phase of theoretical activity, Walras was concerned with a competitive economy that passes through a phase of disequilibrium in the production and sales of commodities. While in his last phase of theoretical activity, he developed a model in which there is no production, sales, hiring, consuming or saving until an assumed set of equilibrium prices obtains of the model.