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Increasing Returns and Economic Analysis (Hardcover): Kenneth J. Arrow, Yew-Kwang Ng, Xiaokai Yang Increasing Returns and Economic Analysis (Hardcover)
Kenneth J. Arrow, Yew-Kwang Ng, Xiaokai Yang
R4,404 Discovery Miles 44 040 Ships in 10 - 15 working days

Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.

Increasing Returns and Economic Analysis (Hardcover, 1998 ed.): Kenneth J. Arrow, Yew-Kwang Ng, Xiaokai Yang Increasing Returns and Economic Analysis (Hardcover, 1998 ed.)
Kenneth J. Arrow, Yew-Kwang Ng, Xiaokai Yang
R4,409 Discovery Miles 44 090 Ships in 10 - 15 working days

Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.

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