Essays in Dynamic General Equilibrium Theory

Essays in Dynamic General Equilibrium Theory
Author: Alessandro Citanna
Publisher: Springer Science & Business Media
Total Pages: 278
Release: 2006-01-11
Genre: Business & Economics
ISBN: 3540271929

In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.

Equilibrium and Dynamics

Equilibrium and Dynamics
Author: Mukul Majumdar
Publisher: Springer
Total Pages: 374
Release: 1992-06-18
Genre: Business & Economics
ISBN: 1349116963

Over the last 40 years, Professor David Gale has played a leading role in developing two themes of fundamental importance to economic theory. As a tribute to his creative research, this volume contains contributions from some leading researchers who explore different directions in these areas.

Equilibrium, Markets and Dynamics

Equilibrium, Markets and Dynamics
Author: Cars H. Hommes
Publisher: Springer Science & Business Media
Total Pages: 344
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642561314

This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib rium theory as the main theme.

Roy Harrod

Roy Harrod
Author: Esteban Pérez Caldentey
Publisher: Springer Nature
Total Pages: 455
Release: 2019-09-10
Genre: Business & Economics
ISBN: 1349740853

This landmark book describes and analyzes the original contributions Sir Roy Harrod made to fields including microeconomics, macroeconomics, international trade and finance, growth theory, trade cycle analysis and economic methodology. Harrod’s prolific writings reflect an astounding and unique intellectual capacity, and a wide range of interests. He became Keynes ́ biographer and wrote a volume on inductive logic. At the policy level, Harrod played a central role in the formulation of the Keynes ́ Clearing Union plan for international monetary reform. He also actively participated in British politics and government and gained recognition as an expert in the field of international economics. Yet, until now, Harrod has remained an underrated economist, commonly misunderstood and misrepresented. This is the first major intellectual biography of Harrod to be published.

The Flawed Foundations of General Equilibrium Theory

The Flawed Foundations of General Equilibrium Theory
Author: Frank Ackerman
Publisher: Routledge
Total Pages: 237
Release: 2004-06-24
Genre: Business & Economics
ISBN: 1135997381

This book, as the title suggests, explains how General equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its counterfactual assumptions taken for granted, it fails on many levels. Under the impressive editorship of Ackerman and Nadal, this book will appeal to students and researchers in economics and related social science disciplines.