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Equilibrium and Efficiency in Production Economies

This book is a substantially revised and enlarged version of the monograph General Equilibrium with Increasing Returns, published by Springer-Verlag as a Lecture Notes volume in 1996. It incorporates new topics and the most recent developments in the field. It also provides a more systematic analysi...

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Bibliographic Details
Main Author: Villar, Antonio
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2000, 2000
Edition:2nd ed. 2000
Subjects:
Microeconomics
Quantitative Economics
Econometrics
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1 Preliminaries
  • 1.1 Introduction
  • 1.2 Overview
  • 1.3 The setting
  • 1.4 References to the literature
  • 2 Consumers
  • 2.1 Introduction
  • 2.2 Consumption sets
  • 2.3 Preferences
  • 2.4 The utility function
  • 2.5 Wealth restrictions
  • 2.6 Consumers’ behaviour
  • 2.7 References to the literature
  • 3 Production and Supply
  • 3.1 Introduction
  • 3.2 Production sets
  • 3.3 Efficiency, additivity, divisibility
  • 3.4 Returns to scale
  • 3.5 The behaviour of competitive firms
  • 3.6 References to the literature
  • 4 Competitive Equilibrium
  • 4.1 Introduction
  • 4.2 The model
  • 4.3 Assumptions and consequences
  • 4.4 The existence of equilibrium
  • 4.5 Equilibrium and efficiency
  • 4.6 Abstract economies
  • 4.7 References to the literature
  • 5 Equilibrium with Non-convex Firms
  • 5.1 Introduction
  • 5.2 Pricing rules
  • 5.3 The model
  • 5.4 The existence of equilibrium
  • 5.5 References to the literature
  • 6 Marginal Pricing
  • 6.1 Introduction
  • 6.2 Preliminaries
  • 6.3 Marginal pricing
  • 6.4 The efficiency problem
  • 6.5 References to the literature
  • 7 Increasing Returns and Monopolies
  • 7.1 Introduction
  • 7.2 The reference model
  • 7.3 Two-part marginal pricing
  • 7.4 The efficiency of two-part tariffs
  • 7.5 Perfect price discrimination
  • 7.6 References to the literature
  • 8 Loss-free Pricing Rules
  • 8.1 Introduction
  • 8.2 The reference model
  • 8.3 Mark-up pricing
  • 8.4 Constrained profit maximization
  • 8.5 References to the literature
  • 9 Competition and Increasing Returns
  • 9.1 Introduction
  • 9.2 The reference model
  • 9.3 Competitive pricing
  • 9.4 Classical equilibrium
  • 9.5 References to the literature
  • 10 Non-Convexities as Public Goods
  • 10.1 Introduction
  • 10.2 The model
  • 10.3 Public competitive equilibrium
  • 10.4 Valuation equilibrium
  • 10.5 Examples
  • 10.6 References to the literature.-11 Input-Output Analysis
  • 11.1 Introduction
  • 11.2 The linear model
  • 11.3 Extensions
  • 11.4 References to the literature
  • 12 The Limits of the Economy
  • 12.1 Asymptotic cones
  • 12.2 Closed sums
  • 12.3 Structural properties of the economy
  • 12.4 References to the literature

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