General equilibrium: theory and evidence
General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about the operation of markets and posed by Frank Hahn in the following way: 'Does the pursuit of private interest, throu...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore
World Scientific Pub. Co.
c2010
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| Schlagworte: | |
| Online-Zugang: | FHN01 Volltext |
| Zusammenfassung: | General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about the operation of markets and posed by Frank Hahn in the following way: 'Does the pursuit of private interest, through a system of interconnected deregulated markets, lead not to chaos but to coherence - and if so, how is that achieved?' This is always an apt question, but particularly so given the 'Global Financial Crisis' that emerged from the operation of market economies in the Americas and Europe in mid to late 2008. The answer that General Equilibrium Theory provides to the Walras-Hahn question is that, under certain conditions coherence is possible, while under certain other conditions chaos, in various forms, is likely to prevail. The conditionality of either outcome is not always well understood - neither by proponents of, or antagonists to, the 'free market position'. Consequently, this book attempts to show something of what General Equilibrium Theory has to say about the wisdom or otherwise of always relying on 'market forces' to manage complex socio-economic systems |
| Beschreibung: | x, 481 p. ill |
| ISBN: | 9789812818355 |
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| author | Bryant, W. D. A. |
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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 |
| format | Electronic eBook |
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| id | DE-604.BV044636673 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:57:49Z |
| institution | BVB |
| isbn | 9789812818355 |
| language | English |
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| physical | x, 481 p. ill |
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| publishDate | 2010 |
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| spelling | Bryant, W. D. A. Verfasser aut General equilibrium theory and evidence W. D. A. Bryant Singapore World Scientific Pub. Co. c2010 x, 481 p. ill txt rdacontent c rdamedia cr rdacarrier General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about the operation of markets and posed by Frank Hahn in the following way: 'Does the pursuit of private interest, through a system of interconnected deregulated markets, lead not to chaos but to coherence - and if so, how is that achieved?' This is always an apt question, but particularly so given the 'Global Financial Crisis' that emerged from the operation of market economies in the Americas and Europe in mid to late 2008. The answer that General Equilibrium Theory provides to the Walras-Hahn question is that, under certain conditions coherence is possible, while under certain other conditions chaos, in various forms, is likely to prevail. The conditionality of either outcome is not always well understood - neither by proponents of, or antagonists to, the 'free market position'. Consequently, this book attempts to show something of what General Equilibrium Theory has to say about the wisdom or otherwise of always relying on 'market forces' to manage complex socio-economic systems Equilibrium (Economics) Gleichgewichtstheorie (DE-588)4071876-1 gnd rswk-swf Gleichgewichtstheorie (DE-588)4071876-1 s 1\p DE-604 Erscheint auch als Druck-Ausgabe 9789812818348 Erscheint auch als Druck-Ausgabe 9812818340 http://www.worldscientific.com/worldscibooks/10.1142/6875#t=toc Verlag URL des Erstveroeffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Bryant, W. D. A. General equilibrium theory and evidence Equilibrium (Economics) Gleichgewichtstheorie (DE-588)4071876-1 gnd |
| subject_GND | (DE-588)4071876-1 |
| title | General equilibrium theory and evidence |
| title_auth | General equilibrium theory and evidence |
| title_exact_search | General equilibrium theory and evidence |
| title_full | General equilibrium theory and evidence W. D. A. Bryant |
| title_fullStr | General equilibrium theory and evidence W. D. A. Bryant |
| title_full_unstemmed | General equilibrium theory and evidence W. D. A. Bryant |
| title_short | General equilibrium |
| title_sort | general equilibrium theory and evidence |
| title_sub | theory and evidence |
| topic | Equilibrium (Economics) Gleichgewichtstheorie (DE-588)4071876-1 gnd |
| topic_facet | Equilibrium (Economics) Gleichgewichtstheorie |
| url | http://www.worldscientific.com/worldscibooks/10.1142/6875#t=toc |
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