Theory of Incomplete Markets
Author | : Michael Magill |
Publisher | : MIT Press |
Total Pages | : 566 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 9780262632546 |
Theory of incompl. markets/M. Magill, M. Quinzii. - V.1.
Download Structure Of General Equilibrium Models With Incomplete Markets And A Single Consumption Good full books in PDF, epub, and Kindle. Read online free Structure Of General Equilibrium Models With Incomplete Markets And A Single Consumption Good ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Michael Magill |
Publisher | : MIT Press |
Total Pages | : 566 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 9780262632546 |
Theory of incompl. markets/M. Magill, M. Quinzii. - V.1.
Author | : Haris Doukas |
Publisher | : Springer |
Total Pages | : 271 |
Release | : 2018-12-10 |
Genre | : Business & Economics |
ISBN | : 3030031527 |
This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.
Author | : Kemal Dervis |
Publisher | : Cambridge University Press |
Total Pages | : 548 |
Release | : 1982-05-31 |
Genre | : Business & Economics |
ISBN | : 9780521270304 |
Author | : Peter B. Dixon |
Publisher | : Newnes |
Total Pages | : 1143 |
Release | : 2013-11-14 |
Genre | : Business & Economics |
ISBN | : 0444536353 |
In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. - Presents coherent summaries of CGE theories that inform major model types - Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results - Shows how CGE modeling has made a contribution to economic policy
Author | : Hans Lofgren |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 43 |
Release | : 2000 |
Genre | : Social Science |
ISBN | : 0896293394 |
Author | : Yves Balasko |
Publisher | : Princeton University Press |
Total Pages | : 188 |
Release | : 2011-07-25 |
Genre | : Business & Economics |
ISBN | : 1400838916 |
The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up-to-date look at the standard theory of general equilibrium, to which he has been a major contributor. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model, from basic consumer theory and exchange economies to models with private ownership of production. Balasko examines properties of the standard general equilibrium model that are beyond traditional existence and optimality. He applies the theory of smooth manifolds and mappings to the multiplicity of equilibrium solutions and related discontinuities of market prices. The economic concepts and differential topology methods presented in this book are accessible, clear, and relevant, and no prior knowledge of economic theory is necessary. General Equilibrium Theory of Value offers a comprehensive foundation for the most current models of economic theory and is ideally suited for graduate economics students, advanced undergraduates in mathematics, and researchers in the field.
Author | : Douglas Gale |
Publisher | : Cambridge University Press |
Total Pages | : 364 |
Release | : 1982-09-30 |
Genre | : Business & Economics |
ISBN | : 9780521289009 |
This book deals mainly with what can be described as the general-equilibrium approach to monetary theory. The author does not attempt an encyclopaedic treatment, rather Gale investigates the central problems and ideas in the development of topical monetary theory. The first part of the book - technically the easier - deals with questions which will be recognized as falling within the traditional field of (macroeconomic) monetary theory, although the treatment is unflaggingly microeconomic. The second part is less conventional, dealing with the general equilibrium theory of money in a fundamental way.
Author | : Takashi Suzuki |
Publisher | : World Scientific |
Total Pages | : 436 |
Release | : 2020-09-03 |
Genre | : Business & Economics |
ISBN | : 981121963X |
The aim of this book is to incorporate Marshallian ideas such as external increasing returns and monopolistic competitions into the general equilibrium framework of Walrasian tradition. New chapters and sections have been added to this revised and expanded edition of General Equilibrium Analysis of Production and Increasing Returns (World Scientific, 2009).The new material includes a presentation of equilibrium existence and core equivalence theorems for an infinite horizon economy with a measure space of consumers. These results are currently the focus of extensive studies by mathematical theorists, and are obtained by an application of an advanced mathematical concept called saturated (super-atomless) measure space.The second major change is the inclusion of a simple toy model of a liberal society which implements the difference principle proposed by J Rawls as a principle of distributive justice. This new section opens up a possibility to connect theoretical economics and political philosophy.Thirdly, the author presents the marginal cost pricing equilibrium and discusses welfare properties of the external increasing returns, which also belong to Marshall/ Pigou tradition of the Cambridge school.Finally, a new mathematical appendix treats basics of singular homology theory. Although the fixed point theorem is originally a theorem of algebraic topology, most economic students know its proof only in the context of the differentiable manifold theory presented by J Milnor. Considering the significance of the fixed point theorem and its playing a key role in general equilibrium theory, the purpose of this new appendix is to provide readers with the idea of a proof of Brower's fixed point theorem from the 'right place'.This volume will be helpful for graduate students and researchers of mathematical economics, game theory, and microeconomics.
Author | : Mary E. Burfisher |
Publisher | : Cambridge University Press |
Total Pages | : 443 |
Release | : 2016 |
Genre | : Business & Economics |
ISBN | : 1107132207 |
The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Author | : Vivian Z. Yue |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2011-07-01 |
Genre | : Business & Economics |
ISBN | : 1462330452 |
Emerging markets business cycle models treat default risk as part of an exogenous interest rate on working capital, while sovereign default models treat income fluctuations as an exogenous endowment process with ad-noc default costs. We propose instead a general equilibrium model of both sovereign default and business cycles. In the model, some imported inputs require working capital financing; default on public and private obligations occurs simultaneously. The model explains several features of cyclical dynamics around default triggers an efficiency loss as these inputs are replaced by imperfect substitutes; and default on public and private obligations occurs simultaneously. The model explains several features of cyclical dynamics around deraults, countercyclical spreads, high debt ratios, and key business cycle moments.