Disequilibrium foundations of equilibrium economics:
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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
1983
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| Schriftenreihe: | Econometric Society monographs
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xi, 236 pages) |
| ISBN: | 9781139052108 |
| DOI: | 10.1017/CBO9781139052108 |
Internformat
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Datensatz im Suchindex
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| author | Fisher, Franklin M. |
| author_facet | Fisher, Franklin M. |
| author_role | aut |
| author_sort | Fisher, Franklin M. |
| author_variant | f m f fm fmf |
| building | Verbundindex |
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| dewey-full | 339.5 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.5 |
| dewey-search | 339.5 |
| dewey-sort | 3339.5 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9781139052108 |
| format | Electronic eBook |
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| id | DE-604.BV043921306 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:37Z |
| institution | BVB |
| isbn | 9781139052108 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029330389 |
| oclc_num | 992825967 |
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| physical | 1 online resource (xi, 236 pages) |
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| publishDate | 1983 |
| publishDateSearch | 1983 |
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| publisher | Cambridge University Press |
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| series2 | Econometric Society monographs |
| spelling | Fisher, Franklin M. Verfasser aut Disequilibrium foundations of equilibrium economics Franklin M. Fisher Cambridge Cambridge University Press 1983 1 online resource (xi, 236 pages) txt rdacontent c rdamedia cr rdacarrier Econometric Society monographs Title from publisher's bibliographic system (viewed on 05 Oct 2015) 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 Equilibrium (Economics) Gleichgewichtstheorie (DE-588)4071876-1 gnd rswk-swf Ökonometrie (DE-588)4132280-0 gnd rswk-swf Wirtschaft (DE-588)4066399-1 gnd rswk-swf Gleichgewicht (DE-588)4121372-5 gnd rswk-swf Gleichgewicht (DE-588)4121372-5 s Wirtschaft (DE-588)4066399-1 s 1\p DE-604 Ökonometrie (DE-588)4132280-0 s Gleichgewichtstheorie (DE-588)4071876-1 s 2\p DE-604 Erscheint auch als Druckausgabe 978-0-521-24264-6 Erscheint auch als Druckausgabe 978-0-521-37856-7 https://doi.org/10.1017/CBO9781139052108 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Fisher, Franklin M. Disequilibrium foundations of equilibrium economics Equilibrium (Economics) Gleichgewichtstheorie (DE-588)4071876-1 gnd Ökonometrie (DE-588)4132280-0 gnd Wirtschaft (DE-588)4066399-1 gnd Gleichgewicht (DE-588)4121372-5 gnd |
| subject_GND | (DE-588)4071876-1 (DE-588)4132280-0 (DE-588)4066399-1 (DE-588)4121372-5 |
| title | Disequilibrium foundations of equilibrium economics |
| title_auth | Disequilibrium foundations of equilibrium economics |
| title_exact_search | Disequilibrium foundations of equilibrium economics |
| title_full | Disequilibrium foundations of equilibrium economics Franklin M. Fisher |
| title_fullStr | Disequilibrium foundations of equilibrium economics Franklin M. Fisher |
| title_full_unstemmed | Disequilibrium foundations of equilibrium economics Franklin M. Fisher |
| title_short | Disequilibrium foundations of equilibrium economics |
| title_sort | disequilibrium foundations of equilibrium economics |
| topic | Equilibrium (Economics) Gleichgewichtstheorie (DE-588)4071876-1 gnd Ökonometrie (DE-588)4132280-0 gnd Wirtschaft (DE-588)4066399-1 gnd Gleichgewicht (DE-588)4121372-5 gnd |
| topic_facet | Equilibrium (Economics) Gleichgewichtstheorie Ökonometrie Wirtschaft Gleichgewicht |
| url | https://doi.org/10.1017/CBO9781139052108 |
| work_keys_str_mv | AT fisherfranklinm disequilibriumfoundationsofequilibriumeconomics |