Disequilibrium Foundations of Equilibrium Economics

Auteur: Fisher, Franklin M. (Massachusetts Institute of Technology)
Editeur: Cambridge University Press
The most common mode of analysis in economic theory is to assume equilibrium. Yet, without a proper theory of how economies behave in disequilibrium, there is no foundation for such a practice. In this 1984 book, a review of the existing literature on the stability of general equilibrium is followed by the proposal of a more satisfactory general model for analysis.
Sur commande
The most common mode of analysis in economic theory is to assume equilibrium. Yet, without a proper theory of how economies behave in disequilibrium, there is no foundation for such a practice. In this 1984 book, a review of the existing literature on the stability of general equilibrium is followed by the proposal of a more satisfactory general model for analysis.
ISBN / EAN 9780521378567
Auteur Fisher, Franklin M. (Massachusetts Institute of Technology)
Editeur Cambridge University Press