General Equilibrium - Problems and Prospects (Paperback)

In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate. General equilibrium theorists including Michio Morishima, Michael Magill and Martine Quinzii debate strengths, weaknesses and possible futures with leading thinkers such as Herb Gintis, Pierangelo Garegnani and Duncan Foley, who seek to explain the rejection of general equilibrium. Uniquely, none of the contributors portray general equilibrium theory as the perfect guide to market economies actual behaviour, but rather illustrate that there is insufficient acquaintance with existing alternatives and that general equilibrium theory is often used as an ideal 'benchmark'.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Siena Studies in Political Economy
Release date:	September 2014
First published:	2003
Editors:	Fabio Petri • Frank Hahn
Dimensions:	234 x 156 x 27mm (L x W x T)
Format:	Paperback
Pages:	544
ISBN-13:	978-0-415-86308-7
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Macroeconomics > General
LSN:	0-415-86308-2
Barcode:	9780415863087

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