Computational aspects of general equilibrium theory [electronic resource] : refutable theories of value / Donald Brown, Felix Kubler.

This monograph presents a general equilibrium methodology for microeconomic policy analysis intended to serve as an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreus Theory of Value(1959) or Arrow and Hahns General Competitive Analysis(1971). The methodol...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Brown, Donald J., 1937-
Other Authors: Kubler, Felix
Format: Electronic eBook
Language:English
Published: Berlin : Springer, ©2008.
Series:Lecture notes in economics and mathematical systems ; 604.
Subjects:

MARC

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245 1 0 |a Computational aspects of general equilibrium theory  |h [electronic resource] :  |b refutable theories of value /  |c Donald Brown, Felix Kubler. 
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490 1 |a Lecture notes in economics and mathematical systems,  |v 604. 
504 |a Includes bibliographical references. 
505 0 |a Front Matter; Refutable Theories of Value; Testable Restrictions on the Equilibrium Manifold; Uniqueness, Stability, and Comparative Statics in Rationalizable Walrasian Markets; The Nonparametric Approach to Applied Welfare Analysis; Competition, Consumer Welfare, and the Social Cost of Monopoly; Two Algorithms for Solving the Walrasian Equilibrium Inequalities; Is Intertemporal Choice Theory Testable?; Observable Restrictions of General Equilibrium Models with Financial Markets; Approximate Generalizations and Computational Experiments. 
520 |a This monograph presents a general equilibrium methodology for microeconomic policy analysis intended to serve as an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreus Theory of Value(1959) or Arrow and Hahns General Competitive Analysis(1971). The methodology proposed in this monograph does not presume the existence of market equilibrium, accepts the inherent indeterminancy of nonparametric general equlibrium models, and offers effective algorithms for computing counterfactual equilibria in these models. It consists of several essays written over the l. 
588 0 |a Print version record. 
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650 0 |a Equilibrium (Economics)  |x Data processing. 
700 1 |a Kubler, Felix.  |0 http://id.loc.gov/authorities/names/no2003007063  |1 http://isni.org/isni/0000000044322045. 
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