Economic evolution and equilibrium: bridging the gap
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Berlin [u.a.]
Springer
2007
|
| Series: | Lecture notes in economics and mathematical systems
591 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis Klappentext |
| Physical Description: | VIII, 272 S. graph. Darst. 235 mm x 155 mm |
| ISBN: | 9783540686620 3540686622 |
Staff View
MARC
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Record in the Search Index
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|---|---|
| adam_text | Contents
1 General
2
Part I Conceptualization and Definition of Evolutions of Economies
in Four General Equilibrium Frameworks
3
4
Equilibrium Framework
4.1
Arrow and
4.2
Exchange Economy
4.3
5
Without Walras Law and Homogeneity
5.1
Without Walras Law and Homogeneity
5.2
Assumptions
6
Production, Taxes, and Subsidies
6.1
Production and Taxes
6.2
Production, Taxes, and Subsidies
VI
7
Framework
7.1
With Effective Demand
7.2
Model
8
Part II Formal Analysis
9
10
10.1
Near-Equilibrium Paths for Each Type of Evolution From
Part 1
10.2
Components
11
11.1
Equilibrium Paths Based on Dierker s Model from Section
11.1.1
11.1.2
11.2
Other Basic Models Prom Part I
11.3
Equilibrium Correspondences of the Basic Models Prom Part I
12
Economies
12.1
12.2
13
Evolution of Exchange Economies
14
14.1
14.2
15
Contents
Part III
16
17
the Economist s Laboratory
17.1
Equilibria of
17.2
Multiple Equilibria
18
Historical Time
19
19.1
19.2
Historical Time
19.2.1
Balanced Evolving Economies
19.2.2
Balanced Evolving Economy
19.3
19.4
Economies in Continuous Historical Time
19.4.1
19.4.2
Multi-Sectoral Model From Chapter
19.4.3
Framework With Production, Taxes, and Subsidies
From Chapter
20
Part IV General Conclusions and Outlook
21
Appendix A
Appendix
Appendix
VIII Contents
References
Subject Index
Marco Lehmarm-WafFenschmidt
Economic
This work uses various model frameworks to study the evolution
of equilibria in an open loop evolving economy in which the model
characteristics evolve without any directional restrictions except
for continuity. Applying mathematical methods, it is shown that
equilibria can always be adapted in a piecewise gradual,
bang way. Furthermore, the analysis provides a complete charac¬
terization of the structure of the equilibrium price set of evolving
exchange economies. The results allow to derive policy implications
for a gradual, frictionless tuning of equilibrium values for open loop
evolving economies. The analysis is innovative in both its approach
and its results. It contributes to bridging the gap between the tradi¬
tional static, dosed loop, dynamic equilibrium approach and the
idea of open loop evolution which has become an attractive concept
in economics in recent years.
|
| adam_txt |
Contents
1 General
2
Part I Conceptualization and Definition of Evolutions of Economies
in Four General Equilibrium Frameworks
3
4
Equilibrium Framework
4.1
Arrow and
4.2
Exchange Economy
4.3
5
Without Walras' Law and Homogeneity
5.1
Without Walras' Law and Homogeneity
5.2
Assumptions
6
Production, Taxes, and Subsidies
6.1
Production and Taxes
6.2
Production, Taxes, and Subsidies
VI
7
Framework
7.1
With Effective Demand
7.2
Model
8
Part II Formal Analysis
9
10
10.1
Near-Equilibrium Paths for Each Type of Evolution From
Part 1
10.2
Components
11
11.1
Equilibrium Paths Based on Dierker's Model from Section
11.1.1
11.1.2
11.2
Other Basic Models Prom Part I
11.3
Equilibrium Correspondences of the Basic Models Prom Part I
12
Economies
12.1
12.2
13
Evolution of Exchange Economies
14
14.1
14.2
15
Contents
Part III
16
17
the Economist's Laboratory
17.1
Equilibria of
17.2
Multiple Equilibria
18
Historical Time
19
19.1
19.2
Historical Time
19.2.1
Balanced Evolving Economies
19.2.2
Balanced Evolving Economy
19.3
19.4
Economies in Continuous Historical Time
19.4.1
19.4.2
Multi-Sectoral Model From Chapter
19.4.3
Framework With Production, Taxes, and Subsidies
From Chapter
20
Part IV General Conclusions and Outlook
21
Appendix A
Appendix
Appendix
VIII Contents
References
Subject Index
Marco Lehmarm-WafFenschmidt
Economic
This work uses various model frameworks to study the evolution
of equilibria in an open loop evolving economy in which the model
characteristics evolve without any directional restrictions except
for continuity. Applying mathematical methods, it is shown that
equilibria can always be adapted in a piecewise gradual,
bang way. Furthermore, the analysis provides a complete charac¬
terization of the structure of the equilibrium price set of evolving
exchange economies. The results allow to derive policy implications
for a gradual, frictionless tuning of equilibrium values for open loop
evolving economies. The analysis is innovative in both its approach
and its results. It contributes to bridging the gap between the tradi¬
tional static, dosed loop, dynamic equilibrium approach and the
idea of open loop evolution which has become an attractive concept
in economics in recent years. |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Lehmann-Waffenschmidt, Marco 1956- |
| author_GND | (DE-588)11087952X |
| author_facet | Lehmann-Waffenschmidt, Marco 1956- |
| author_role | aut |
| author_sort | Lehmann-Waffenschmidt, Marco 1956- |
| author_variant | m l w mlw |
| building | Verbundindex |
| bvnumber | BV022284040 |
| callnumber-first | H - Social Science |
| callnumber-label | HB145 |
| callnumber-raw | HB145 |
| callnumber-search | HB145 |
| callnumber-sort | HB 3145 |
| callnumber-subject | HB - Economic Theory and Demography |
| classification_rvk | QC 140 QC 340 SI 853 |
| ctrlnum | (OCoLC)127107368 (DE-599)BVBBV022284040 |
| dewey-full | 330.1 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.1 |
| dewey-search | 330.1 |
| dewey-sort | 3330.1 |
| dewey-tens | 330 - Economics |
| discipline | Allgemeine Naturwissenschaft Mathematik Wirtschaftswissenschaften |
| discipline_str_mv | Allgemeine Naturwissenschaft Mathematik Wirtschaftswissenschaften |
| format | Book |
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| id | DE-604.BV022284040 |
| illustrated | Illustrated |
| index_date | 2024-07-02T16:50:16Z |
| indexdate | 2024-07-09T20:54:06Z |
| institution | BVB |
| isbn | 9783540686620 3540686622 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-015494300 |
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| physical | VIII, 272 S. graph. Darst. 235 mm x 155 mm |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | Springer |
| record_format | marc |
| series | Lecture notes in economics and mathematical systems |
| series2 | Lecture notes in economics and mathematical systems |
| spelling | Lehmann-Waffenschmidt, Marco 1956- Verfasser (DE-588)11087952X aut Economic evolution and equilibrium bridging the gap Marco Lehmann-Waffenschmidt Berlin [u.a.] Springer 2007 VIII, 272 S. graph. Darst. 235 mm x 155 mm txt rdacontent n rdamedia nc rdacarrier Lecture notes in economics and mathematical systems 591 Economisch evenwicht gtt Equilibrium (Economics) Evolutionary economics Gleichgewichtsmodell (DE-588)4125214-7 gnd rswk-swf Allgemeines Gleichgewichtsmodell (DE-588)4210294-7 gnd rswk-swf Evolutorische Wirtschaft (DE-588)4232912-7 gnd rswk-swf Gleichgewichtstheorie (DE-588)4071876-1 gnd rswk-swf Dynamische Makroökonomie (DE-588)4200428-7 gnd rswk-swf Gleichgewichtstheorie (DE-588)4071876-1 s Evolutorische Wirtschaft (DE-588)4232912-7 s DE-188 Dynamische Makroökonomie (DE-588)4200428-7 s Allgemeines Gleichgewichtsmodell (DE-588)4210294-7 s Gleichgewichtsmodell (DE-588)4125214-7 s 1\p DE-604 Lecture notes in economics and mathematical systems 591 (DE-604)BV000000036 591 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015494300&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015494300&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Lehmann-Waffenschmidt, Marco 1956- Economic evolution and equilibrium bridging the gap Lecture notes in economics and mathematical systems Economisch evenwicht gtt Equilibrium (Economics) Evolutionary economics Gleichgewichtsmodell (DE-588)4125214-7 gnd Allgemeines Gleichgewichtsmodell (DE-588)4210294-7 gnd Evolutorische Wirtschaft (DE-588)4232912-7 gnd Gleichgewichtstheorie (DE-588)4071876-1 gnd Dynamische Makroökonomie (DE-588)4200428-7 gnd |
| subject_GND | (DE-588)4125214-7 (DE-588)4210294-7 (DE-588)4232912-7 (DE-588)4071876-1 (DE-588)4200428-7 |
| title | Economic evolution and equilibrium bridging the gap |
| title_auth | Economic evolution and equilibrium bridging the gap |
| title_exact_search | Economic evolution and equilibrium bridging the gap |
| title_exact_search_txtP | Economic evolution and equilibrium bridging the gap |
| title_full | Economic evolution and equilibrium bridging the gap Marco Lehmann-Waffenschmidt |
| title_fullStr | Economic evolution and equilibrium bridging the gap Marco Lehmann-Waffenschmidt |
| title_full_unstemmed | Economic evolution and equilibrium bridging the gap Marco Lehmann-Waffenschmidt |
| title_short | Economic evolution and equilibrium |
| title_sort | economic evolution and equilibrium bridging the gap |
| title_sub | bridging the gap |
| topic | Economisch evenwicht gtt Equilibrium (Economics) Evolutionary economics Gleichgewichtsmodell (DE-588)4125214-7 gnd Allgemeines Gleichgewichtsmodell (DE-588)4210294-7 gnd Evolutorische Wirtschaft (DE-588)4232912-7 gnd Gleichgewichtstheorie (DE-588)4071876-1 gnd Dynamische Makroökonomie (DE-588)4200428-7 gnd |
| topic_facet | Economisch evenwicht Equilibrium (Economics) Evolutionary economics Gleichgewichtsmodell Allgemeines Gleichgewichtsmodell Evolutorische Wirtschaft Gleichgewichtstheorie Dynamische Makroökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015494300&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015494300&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV000000036 |
| work_keys_str_mv | AT lehmannwaffenschmidtmarco economicevolutionandequilibriumbridgingthegap |