In this book the reader is provided with an overview of the most
interesting ideas in Competitive General Equilibrium Theory as well
as Welfare Economy. In doing so, the author adopts a methodological
approach of a closed and inter-related system where all variables
are simultaneously determined. By using theorems of fixed point,
revealed preference and local and global stability, the author
proves the existence of unicity and stability. Furthermore, he
analyses those situations where the competitive system does not
allocate resources efficiently. In this sense, he examines
allocation problems in regard to property rights, information
problems and choice and negotiation problems. Finally, the text
includes a chapter that presents a topical guide of questions
related to Social Choice.
General
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