General Equilibrium : Problems and Prospects

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ISBN: 9780203217610 | 0203217616
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Copyright: 1/14/2004

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In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This book brings together leading economic theorists with important contributions to the this debate.

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Existence of GE: are the Cases of Non-Existence a Cause of Serious Worry?
Learning in Intertemporal Equilibrium Models and the Sunspot Case
Disequilibrium and Stability
Statistical Equilibrium in Economics: Method, Interpretation, and an Example
Savings, Investment and Capital in a System of General Intertemporal Equilibrium. With a Mathematical Note
Some Implications of Endogenous Contract Enforcement for General Equilibrium Theory
Macro-Economics and General Equilibrium
'Classical' vs. 'Neoclassical' Theories of Value and Distribution and the Long-Period Method
Endogenous Uncertainty and Rational Belief Equilibrium: a Unified Theory of Market Volatility
Incentives and the Stock Market in General Equilibrium
Intermediation, the Stock Market and Intergenerational Transfers
The Sequential Indeterminacy Problem
General Equilibrium and the Destiny of Capitalism a la Schumpeter
A 'Sraffian' Critique of General Equilibrium Theory, and the Classical-Keynesian Alternative
Competitive Equilibrium and Noncooperative Game Theory: Noise and Bounded Rationality
Applications of the Classical Approach
General Equilibrium: Problems, Prospects and Alternatives: an Attempt at a Synthesis
Final Discussion Session
Table of Contents provided by Publisher. All Rights Reserved.

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General Equilibrium : Problems and Prospects

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Table of Contents

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General Equilibrium : Problems and Prospects

Summary

Table of Contents

Supplemental Materials

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