0
Your cart

Your cart is empty

Browse All Departments
  • All Departments
Price
  • R1,000 - R2,500 (1)
  • -
Status
Brand

Showing 1 - 1 of 1 matches in All Departments

General Equilibrium and Game Theory - Ten Papers (Hardcover): Andreu Mas-Colell General Equilibrium and Game Theory - Ten Papers (Hardcover)
Andreu Mas-Colell; Introduction by Hugo F. Sonnenschein; Appendix by Antoni Bosch-Domenech, Xavier Calsamiglia, Joaquim Silvestre
R1,300 Discovery Miles 13 000 Ships in 12 - 19 working days

Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. General Equilibrium and Game Theory offers readers a compendium of his most important scholarly contributions, gathering in a single volume the groundbreaking papers that have solidified his standing as one of the preeminent economic theorists of our time. Built upon the foundations of neoclassical economics, Mas-Colell's work is distinguished by a mathematical and analytical elegance that brings theory closer to real-world situations. He overturns the standard assumption of general equilibrium theory-that markets are perfectly competitive and their participants are perfectly rational-and concludes that neither the law of supply and demand nor the existence of equilibrium prices depends on the rationality of agents. Similarly, Mas-Colell (working with Sergiu Hart) challenges classical game theory's reliance on rational behavior, demonstrating that adaptation and learning shape the dynamics of repeated games. Addressing central questions of finance, trade, industrial organization, and welfare economics, Mas-Colell shows the surprising power and versatility of differentiability and linear-space mathematical techniques, and he emphasizes the fruitfulness of cooperative game-theory approaches, such as Shapley value theory and the Bargaining Set, for understanding competition and distribution. General Equilibrium and Game Theory is a signal contribution to economic theory and an invaluable resource for anyone wishing to study the craft of a master of economic modeling.

Free Delivery
Pinterest Twitter Facebook Google+
You may like...
The Works of the Right Honourable Edmund…
Edmund Burke Paperback R599 Discovery Miles 5 990
The High Profile Black Republican…
James White Hardcover R915 Discovery Miles 9 150
Public Opinion - The Original 1922…
Walter Lippmann Hardcover R662 Discovery Miles 6 620
The Illinois State Constitution
Ann Lousin Hardcover R6,109 Discovery Miles 61 090
The Works of the Right Honourable Edmund…
Edmund Burke Paperback R677 Discovery Miles 6 770
Capitol Hill's Criminal Underground…
Richard Lawless Hardcover R877 R804 Discovery Miles 8 040
A View of the Constitution of the United…
William Rawle Paperback R599 Discovery Miles 5 990
Capture In The Court - In Defence Of…
Dan Mafora Paperback R360 R337 Discovery Miles 3 370
The Works of the Right Honorable Edmund…
Edmund Burke Paperback R712 Discovery Miles 7 120
The Works of the Right Honorable Edmund…
Edmund Burke Paperback R750 Discovery Miles 7 500

 

Partners