This punchy book unites mainline mathematical economics and sometimes idiosyncratic political economy. Freshness is brought to the market concept giving general equilibrium theory a new lease of life, and an opening of thought on such matters as free trade, globalization and the environment. Where most theories of general equilibrium have been based on utility maximizing traders, Afriat here maintains the view that the topic essentially is concerned with aggregates and that anything to do with utility is at best secondary if not spurious. The book goes on to discuss...
This punchy book unites mainline mathematical economics and sometimes idiosyncratic political economy. Freshness is brought to the market concept givi...
The book is not an unrestricted survey engaging a vast and repetative literature, but a systematic treatise within clear boundaries, largely a document of Afriat's own work. The original motive of the work is to elaborate a concept of what really is a price index, which, despite some kind of price-level notion having a presence throughout economics, in theory and practice, had been missing.
The book is not an unrestricted survey engaging a vast and repetative literature, but a systematic treatise within clear boundaries, largely a documen...
Deals with the most basic notion of linear algebra, to bring emphasis on approaches to the topic serving at the elementary level and more broadly. A typical feature is where computational algorithms and theoretical proofs are brought together. Another is respect for symmetry, so that when this has some part in the form of a matter it should also be reflected in the treatment. Issues relating to computational method are covered. These interests may have suggested a limited account, to be rounded-out suitably. However this limitation where basic material is separated from further reaches...
Deals with the most basic notion of linear algebra, to bring emphasis on approaches to the topic serving at the elementary level and more broadly.