9780415701938

Equilibrium, Welfare and Uncertainty: Beyond Arrow-Debreu

  • ISBN 13:

    9780415701938

  • ISBN 10:

    0415701937

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 07/10/2009
  • Publisher: Routledge

Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)

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Summary

Majumdar Mukul has been a recognized authority in the field of general equilibrium theory for some years now. In this important new book, he takes the pulse of the field still fundamental to economic theory as a whole. Topics covered include Pareto optimality, Cournot-Nash equilibrium, mechanism design and, in particular, concepts of uncertainty. The book provides a clear analysis of the efficiency nature of general equilibrium.

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