£70.28

Cambridge University Press Walras's Market Models

Name: Walras's Market Models
Brand: Cambridge University Press
Price: 70.28 GBP
Availability: InStock

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Description

Walras's Market Models describes and evaluates Léon Walras's 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 which 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. The two phases of Walras's theoretical work have not previously been identified, and the models have not been subjected to an accurate analysis and evaluation.

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Used Book in Good Condition

Brand: Cambridge University Press

Manufacturer: Cambridge University Press

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521562686
Category: Books > Special Features
Domain: Amazon UK
Release Date: 28 October 1996
Listed Since: 22 January 2007

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Cambridge University Press Walras's Market Models

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