Equilibrium and Efficiency in Production Economies

Viac o knihe

The book offers a comprehensive and updated exploration of general equilibrium theory, focusing on production economies with non-convex production sets. It features five new chapters and extensive revisions of existing content to reflect recent advancements in the field. Aimed at both graduate students and researchers, it emphasizes a unified approach to complex economic problems while maintaining manageable mathematical complexity. The systematic exposition covers key results on equilibrium existence and efficiency, making it a valuable reference for those interested in economic theory.