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GENERAL EQUILIBRIUM
Theory and Evidence

by W D A Bryant (Macquarie University, Australia)

This book focuses on the foundations of general equilibrium theory, more specifically on the existence, uniqueness, stability, optimality and comparative static properties of equilibrium states. It also explores the question of the empirical relevance of equilibrium states. It highlights a series of ‘relationship conditions’ which are essential for the existence of equilibrium, and which also appear in optimality results.


Contents:

  • The General Equilibrium Vision
  • Existence of Equilibrium
  • Uniqueness of Equilibrium
  • Stability of Equilibrium
  • Optimality of Equilibrium
  • Comparative Statics
  • Empirical Evidence


Readership: Advanced undergraduates and graduate students in economics; economists interested in economic theory.

480pp (approx.) Pub. date: Scheduled Winter 2008
ISBN 978-981-281-834-8
981-281-834-0
US$118 / £64


Copyright © 2008 World Scientific Publishing Co. All rights reserved.
Updated on 18 July 2008