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Author : Richard E. Quandt,Harvey S. Rosen
Publisher : Unknown
Page : 120 pages
File Size : 47,7 Mb
Release : 1988
Category : Business & Economics
ISBN : STANFORD:36105038454547
Author : Anonim
Publisher : Unknown
Page : 736 pages
File Size : 54,8 Mb
Release : 1977
Category : Electronic
ISBN : OCLC:489685031
Author : G. Schwödiauer
Publisher : Springer Science & Business Media
Page : 768 pages
File Size : 46,8 Mb
Release : 2012-12-06
Category : Social Science
ISBN : 9789401011556
This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.
Author : P. Jean-Jacques Herings
Publisher : Springer Science & Business Media
Page : 509 pages
File Size : 48,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461562511
Mathematical economics uses mathematical tools and reasoning to describe and explain economic reality. At the core of mathematical economics is general equilibrium theory. Static and Dynamic Aspects of General Disequilibrium Theory describes and analyses various general equilibrium models, treating theory from an axiomatic point of view, which may lead to a deeper understanding of problems, may help to avoid incorrect reasoning, and may improve communication within the economic science. This volume consists of four parts, each of which is self-contained. Part I deals with the mathematical and economic preliminaries. Part II considers the static aspects of disequilibrium theory. Part III determines price rigidities endogenously. Finally, Part IV deals with dynamic aspects of disequilibrium theory.
Author : Roger E. Backhouse,Mauro Boianovsky
Publisher : Cambridge University Press
Page : 239 pages
File Size : 49,8 Mb
Release : 2012-11-12
Category : Business & Economics
ISBN : 9781139789615
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. Placing this search against the background of wider developments in macroeconomics, the authors contend that this was never a single research program, but involved economists with very different aims who developed the basic ideas about quantity constraints, spillover effects and coordination failures in different ways. The authors contrast this with the equilibrium, market-clearing approach of Phelps and Lucas, arguing that equilibrium theories simply assumed away the problems that had motivated the disequilibrium literature. Although market-clearing models came to dominate macroeconomics, disequilibrium theories never went away and continue to exert an important influence on the subject. Although this book focuses on one strand in modern macroeconomics, it is crucial to understanding the origins of modern macroeconomic theory.
Author : Bert Tieben
Publisher : Edward Elgar Publishing
Page : 689 pages
File Size : 51,6 Mb
Release : 2012-07-01
Category : Business & Economics
ISBN : 9781781953518
'Bert Tieben is very well read in the history of economic thought and provides an overview of one of the basic concepts of economics that is unrivalled both in its scope and in its thoughtful and detailed discussion of the various currents and schools. It goes right to the heart of economic theory and asks some pertinent questions about the limits and the future of economic theorizing. That is, I think, what sets it apart from many other studies in the history of economic thought: it is history with an eye to the future, and it does all this without making any demands on the mathematical skills of the reader. This book should therefore appeal to everybody who is interested in the methodology of economics and in exploring the boundaries of economic analysis.' Hans Visser, VU University, Amsterdam, The Netherlands This book deals with one of the most puzzling concepts in economic science, that of economic equilibrium. In modern economics, equilibrium is considered a key assumption, but its role is contested by economists both from within the mainstream and from rival schools of thought. What explains the contradictory assessments of the equilibrium concept in economics? Do economists belonging to different traditions disagree about the definition of equilibrium or do they adopt different rules for assessing scientific status? In this unique and exhaustive study, Bert Tieben answers these questions by investigating the history of equilibrium economics from 1700 to the present day. He concludes that ideology strongly coloured the development of this branch of theory, helping to explain the vehemence of the debates surrounding the concept. He also argues that scientific progress in economics may indeed be fostered by such opposition and contention, and calls for cross fertilization and stronger cooperation between the different schools of thought. This resourceful book will appeal to post graduate students and scholars in the history of economic thought and economic methodology. Both neoclassical and heterodox economists, most notably Austrian, post Keynesian and institutional economists, will also find much to interest them.
Author : Frank Ackerman,Alejandro Nadal,Kevin P. Gallagher
Publisher : Routledge
Page : 237 pages
File Size : 41,7 Mb
Release : 2004-06-24
Category : Business & Economics
ISBN : 9781135997380
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.
Author : Michel De Vroey
Publisher : Unknown
Page : 128 pages
File Size : 55,5 Mb
Release : 2004
Category : Electronic
ISBN : OCLC:997472171
Author : B. Moore
Publisher : Springer
Page : 556 pages
File Size : 52,9 Mb
Release : 2006-04-04
Category : Business & Economics
ISBN : 9780230512139
This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed.
Author : Isabelle Dierauer
Publisher : University Press of America
Page : 280 pages
File Size : 51,7 Mb
Release : 2013-05-16
Category : Political Science
ISBN : 9780761861065
Different international relations theorists have studied political change, but all fall short of sufficiently integrating human reactions, feelings, and responses to change in their theories. This book adds a social psychological component to the analysis of why nations, politically organized groups, or states enter into armed conflict. The Disequilibrium, Polarization, and Crisis Model is introduced, which draws from prospect theory, realism, liberalism, and constructivism. The theory considers how humans react and respond to change in their social, political, and economic environment. Three case studies, the U.S. Civil War, the Yugoslav Wars (1991-1995), and the First World War are applied to illustrate the model’s six process stages: status quo, change creating shifts that lead to disequilibrium, realization of loss, hanging on to the old status quo, emergence of a rigid system, and risky decisions leading to violence and war.
Author : Anonim
Publisher : Unknown
Page : 574 pages
File Size : 45,8 Mb
Release : 1989
Category : Education
ISBN : PSU:000068697303
Author : Gert H. Mueller
Publisher : University Press of America
Page : 261 pages
File Size : 55,5 Mb
Release : 2014-08-20
Category : Philosophy
ISBN : 9780761864394
The Logical Foundations of Social Theory describes Gert Mueller’s argument that physical, biological, social, moral, and cultural reality form an asymmetrical hierarchy of founding and controlling relationships that condition social reality rather than mechanically determining it. This book analyzes social stratification as labor, wealth and power, the moral order as solidarity, ideology and morality, and culture systems as art, science, and religion.
Author : Daniel S. Hamermesh
Publisher : Princeton University Press
Page : 464 pages
File Size : 46,7 Mb
Release : 2021-01-12
Category : Business & Economics
ISBN : 9780691222998
In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.
Author : Franklin M. Fisher
Publisher : Unknown
Page : 236 pages
File Size : 40,8 Mb
Release : 1983
Category : Business & Economics
ISBN : 0521242649
The most common mode of analysis in economic theory is to assume equilibrium. Yet, without a proper theory of how economies behave in disequilibrium, there is no foundation for such a practice. The necessary step in proposing a foundation is the formulation of a theory of stability, and in this 1984 book, Professor Fisher is primarily concerned with this subject, although disequilibrium behavior itself is analyzed. The author first undertakes a review of the existing literature on the stability of general equilibrium. He then proposes a more satisfactory general model in which agents realize their state of disequilibrium and act on arbitrage opportunities. The interrelated topics of the role of money, the nature of quantity constraints, and the optimal behaviour of arbitraging agents are extensively treated.
Author : Erkin Bairam
Publisher : Routledge
Page : 140 pages
File Size : 48,7 Mb
Release : 2018-04-27
Category : Social Science
ISBN : 9781351768917
This title was first published in 2001. The objective of this book is to discuss specification and applications of new production, cost and profit functions. It is aimed at specialists in production, economic growth, costs, profits and applied econometrics in particular.
