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This major three volume work contains 54 key papers which reflect the invigoration, innovation and imagination that has characterized the field of microeconomics during the last 50 years. The selections range from literary treatments to the most advanced mathematical presentations. However all readers, regardless of their mathematical sophistication or methodological predilections, will find a large number of the papers interesting and worthwhile in giving an overview of the present state of microeconomics and providing guides to the literature of specialities of particular interest.Each one of these carefully structured volumes contains an introduction which offers the reader a brief discussion of the nature and significance of the contributions of each selection. Where worthwhile, cross references to other relevant selections are included in the summary. It is hoped that the reader's task will be aided materially by this systematization and concise discussions of the selections. This landmark book is an essential reference guide for professors, researchers and students concerned with the major innovations and advances in microeconomics.
A collection of published papers in general equilibrium that explore the basic problems of extensive interdependence in models incorporating oligopoly, space, time and money. Robert E. Kuenne has also written "The Theory of General Economic Equilibrium".
America is entering a new age of economic discord, warns Robert E. Kuenne. In addition to a panoply of other structural economic troubles, the nation must now confront unprecedented demands for the kind of "distributive justice" that will meet the needs of the elderly, handicapped, and impoverished. Furthermore, American society faces the pressing problems of the disadvantaged with no explicit code of economic justice. Claims to various kinds of government entitlements are based increasingly on appeals to "economic justice," but no real national agreement exists on what that expression means. In this ambitious work, Kuenne sets out to remedy this want of consensus. After an extensive evaluation of earlier thinking about distributive justice, Kuenne proposes a new theory, "dualistic individualism," that is consistent with the American ethos of political and economic liberalism. He then frames a formal Bill of Economic Rights and Obligations, which defines proper governmental conduct in the economic terrain as the American Constitution does in the political. Defending a form of governmental policy that strikes a balance between the egoistic and compassionate elements of American individualism, Kuenne also considers the practical tasks of program implementation, and goes on to assess the feasibility of meeting concrete redistributive goals over the next thirty years. His thorough investigation of one of the country's most urgent predicaments could do much to stimulate debate over the ad hoc and unprincipled distributive policies that now prevail in the United States. Originally published in 1993. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
America is entering a new age of economic discord, warns Robert E. Kuenne. In addition to a panoply of other structural economic troubles, the nation must now confront unprecedented demands for the kind of "distributive justice" that will meet the needs of the elderly, handicapped, and impoverished. Furthermore, American society faces the pressing problems of the disadvantaged with no explicit code of economic justice. Claims to various kinds of government entitlements are based increasingly on appeals to "economic justice," but no real national agreement exists on what that expression means. In this ambitious work, Kuenne sets out to remedy this want of consensus. After an extensive evaluation of earlier thinking about distributive justice, Kuenne proposes a new theory, "dualistic individualism," that is consistent with the American ethos of political and economic liberalism. He then frames a formal Bill of Economic Rights and Obligations, which defines proper governmental conduct in the economic terrain as the American Constitution does in the political. Defending a form of governmental policy that strikes a balance between the egoistic and compassionate elements of American individualism, Kuenne also considers the practical tasks of program implementation, and goes on to assess the feasibility of meeting concrete redistributive goals over the next thirty years. His thorough investigation of one of the country's most urgent predicaments could do much to stimulate debate over the ad hoc and unprincipled distributive policies that now prevail in the United States. Originally published in 1993. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
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