GENERAL EQUILIBRIUM by Frank Hahn (Editor), Fabio Petri (Editor) ( 9780415863087 )

Item Details

Title:

GENERAL EQUILIBRIUM
PROBLEMS AND PROSPECTS

By:

Frank Hahn (Editor), Fabio Petri (Editor)

Format:

Paperback

List price:

£51.99

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£46.79

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£5.20

ISBN 10:

0415863082

ISBN 13:

9780415863087

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Publisher:

TAYLOR & FRANCIS LTD

Pub. date:

12 September, 2014

Series:

Routledge Siena Studies in Political Economy

Pages:

544

Synopsis:

In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate. General equilibrium theorists including Michio Morishima, Michael Magill and Martine Quinzii debate strengths, weaknesses and possible futures with leading thinkers such as Herb Gintis, Pierangelo Garegnani and Duncan Foley, who seek to explain the rejection of general equilibrium. Uniquely, none of the contributors portray general equilibrium theory as the perfect guide to market economies actual behaviour, but rather illustrate that there is insufficient acquaintance with existing alternatives and that general equilibrium theory is often used as an ideal 'benchmark'.

Publication:

Imprint:

Routledge

Returns:

Returnable

Some other items by this author:

A CRITICAL ESSAY ON MODERN MACROECONOMIC THEORY (PB)

ETHICS, RATIONALITY, AND ECONOMIC BEHAVIOUR (HB)

GENERAL EQUILIBRIUM