Theory of Value: An Axiomatic Analysis of Economic Equilibrium
by Gerard Debreu
Publisher: Yale University Press 1971
Number of pages: 126
This short book gives a clear exposition of the basic elements of axiomatic general equilibrium analysis. The main text covers the Arrow-Debreu-McKenzie-model and its interpretation, proves its logical consistency (existence) and investigates its efficiency properties.
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Modern microeconomics book explains the advanced version of traditional microeconomic theories. It provides the explanation from consumer utility to general equilibrium in economy. The main emphasis in this book is given on the game theory...
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