General Equilibrium Foundation of Partial Equilibrium Analysis

ISBN-13: 9783319859750 / Angielski / Miękka / 2018 / 185 str.

Takashi Hayashi

Spis treści

Chapter 1: Introduction.

Chapter 2: General Equilibrium Theory.

Chapter 3: Income  Evaluation  of  Welfare  Change: Equivalent  Variation, Compensating Variation and Consumer Surplus.

Chapter 4: The Assumption of No Income Effect and Quasi-linear Preferences.

Chapter 5: Is the approximation error large or small?.

Chapter 6: Small Income Effects.

Chapter 7: Partial Equilibrium Welfare Analysis under Uncertainty.

Chapter 8: Mechanism Design in Partial Equilibrium.

O autorze

Takashi Hayashi is Professor in Economics at the Adam Smith Business School, University of Glasgow, Scotland. He works on microeconomic theory, in particular decision theory and welfare economics. He has regularly published articles in scholarly journals such as Econometrica, Journal of Economic Theory and Theoretical Economics.