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Book Synopsis

Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a general and precise definition of economics with this proper



Table of Contents
*Frontmatter, pg. i*CONTENTS, pg. v*PREFACE, pg. viii*PART I. MATHEMATICS, pg. 1*PART II. ECONOMICS, pg. 81*SUMMARY OF NOTATION, pg. 234*BIBLIOGRAPHY, pg. 236*NAME INDEX, pg. 247*SUBJECT INDEX, pg. 249

Core and Equilibria of a Large Economy. PSME5

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    A Paperback / softback by Werner Hildenbrand

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      Publisher: Princeton University Press
      Publication Date: 08/03/2015
      ISBN13: 9780691618784, 978-0691618784
      ISBN10: 069161878X
      Also in:
      Economic theory and philosophy

      Description

      Book Synopsis

      Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a general and precise definition of economics with this proper



      Table of Contents
      *Frontmatter, pg. i*CONTENTS, pg. v*PREFACE, pg. viii*PART I. MATHEMATICS, pg. 1*PART II. ECONOMICS, pg. 81*SUMMARY OF NOTATION, pg. 234*BIBLIOGRAPHY, pg. 236*NAME INDEX, pg. 247*SUBJECT INDEX, pg. 249

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