Economic Evolution and Equilibrium Bridging the Gap
theory,whichformalizesa dynamiceconomicsystemasa systemofdi?erence, or di?erential, equations. There equilibria mean ‘equilibrium trajectories’ of the whole evolution that, in a certain sense, are optimal. A particularly un- tisfactory feature of this conceptualization of an equilibrium, however, is...
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| Format: | eBook |
| Language: | English |
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Berlin, Heidelberg
Springer Berlin Heidelberg
2007, 2007
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| Edition: | 1st ed. 2007 |
| Series: | Lecture Notes in Economics and Mathematical Systems
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| Subjects: | |
| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- General Introduction
- General Introduction
- Notations and Mathematical Preliminaries
- Notations and Mathematical Preliminaries
- Conceptualization and Definition of Evolutions of Economies in Four General Equilibrium Frameworks
- to Part I
- Evolutions in the Traditional Walrasian Exchange Equilibrium Framework
- Evolutions in an Exchange Equilibrium Framework Without Walras’ Law and Homogeneity
- Evolutions in a General Equilibrium Framework With Production, Taxes, and Subsidies
- Evolutions in the Temporary Fixprice Equilibrium Framework
- Conclusions
- Formal Analysis
- to Part II
- Near-Equilibrium Paths
- Equilibrium Paths
- Economic Refinements of the Notion of an Evolution of Economies
- The Structure of the Equilibrium Price Set of an Evolution of Exchange Economies
- Comparison With Related Results in the Literature
- Conclusions
- Economic Analysis
- to Part III
- Applications of the Analytical Results From Part II in the Economist’s Laboratory
- The Method of Kinetic Analysis of Evolving Economies in Historical Time
- Evolving Economies in Historical Time
- Conclusions
- General Conclusions and Outlook
- General Conclusions and Outlook