Kniha Economic Dynamics and General Equilibrium Anders Borglin

Economic Dynamics and General Equilibrium

Time and Uncertainty

Jazyk: Angličtina
Väzba: Brožovaná
Dostupnosť: Skladom u dodávateľa
Odosielame za 5-8 dní
48.99
The developments of economic theory in the 1950s served to pinpoint important underlying assumptions...

Informácie o knihe

Jazyk
Angličtina
Väzba
Kniha - Brožovaná
Vydalo
2010
Stránok
396
EAN
9783642055409
ISBN
3642055400
Enbook ID
01650905
Hmotnosť
635
Rozmery
155 x 235 x 23

Kompletný popis

The developments of economic theory in the 1950s served to pinpoint important underlying assumptions in the study of market institutions. The conflict between observed institutions and the benchmark interpretation became apparent. This led to the introduction of new equilibrium concepts. The emphasis was on the possibilities to transfer purchasing power over time using spot markets involving assets or money. This advanced textbook focuses on the developments in the theory of incomplete markets and overlapping generations economies where income transfers over time are restricted either by available assets or by the unfeasibility of contracts with unborn generations. It bridges the gap between standard textbooks on microeconomics and more advanced expositions. Contains diagrams, examples and exercises.

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