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Walras's Market Models
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Walras's Market Models Hardback - 1996

by Donald A. Walker

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From the publisher

Walras's Market Models describes and evaluates Lon Walras' models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, this book differs from previous examinations of his work. During his mature phase of theoretical activity, Walras was concerned with a competitive economy that passes through a phase of disequilibrium in the production and sales of commodities. While in his last phase of theoretical activity, he developed a model in which there is no production, sales, hiring, consuming or saving until an assumed set of equilibrium prices obtains of the model.

From the rear cover

Walras's Market Models describes and evaluates Leon Walras's models of competitive markets. The book differs from previous examinations of his work by identifying his career phases and the associated general equilibrium models, which are shown to be very different in character. During his mature phase of theoretical activity, Walras was concerned with a competitive economy that passes through a stage of disequilibrium in the production and sales of commodities. In his last phase of theoretical activity, he tried to construct a model in which hiring, production, sales, consumption, and saving would be suspended until an equilibrium of prices was found. The defective structure of that model and its fragmentary nature prevented it from becoming a functioning system. Until now, the models of the two phases of Walras's theoretical work have not been subjected to an accurate analysis and evaluation. Walras's Market Models fills this gap.

Details

  • Title Walras's Market Models
  • Author Donald A. Walker
  • Binding Hardback
  • Edition 1st
  • Pages 478
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press
  • Publication date 1996-10-28
  • ISBN 9780521562683 / 0521562686
  • Weight 1.69 lbs (0.77 kg)
  • Dimensions 9.23 x 6.28 x 1.16 in (23.44 x 15.95 x 2.95 cm)
  • Category Business / Economics / Finance
  • Library of Congress subjects Equilibrium (Economics) - Mathematical models, Commodity exchanges - Mathematical models
  • Library of Congress Catalogue Number 96012024
  • Dewey Decimal Code 332.632

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Walras's Market Models

Walras's Market Models

by Donald A. Walker

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Hardback. New. Walras's Market Models describes and evaluates Leon Walras's models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, this book differs from previous examinations of his work.
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Walras's Market Models

Walras's Market Models

by Donald A. Walker

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ISBN 10 / ISBN 13
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Hardcover. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; Walras's Market Models describes and evaluates Léon Walras's models of competitive markets. Through identification of his career phases and the associated general equilibrium models, which are shown to be very different in character, t
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Walras's Market Models
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Walras's Market Models

by Donald A. Walker

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  • Hardback
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Hardcover
ISBN 10 / ISBN 13
9780521562683 / 0521562686
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Cambridge Univ Pr, 1997. Hardcover. New. 459 pages. 9.50x6.50x1.00 inches.
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Walras's Market Models
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Walras's Market Models

by Walker, Donald A.

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Walras's Market Models
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Walras's Market Models

by Donald A. Walker

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ISBN 10 / ISBN 13
9780521562683 / 0521562686
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Walras's Market Models
Stock photo: cover may vary

Walras's Market Models

by Walker, Donald A

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  • Hardback
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Hardcover
ISBN 10 / ISBN 13
9780521562683 / 0521562686
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Cambridge University Press, 1996-10-28. hardcover. New. 6.50x1.00x9.50. Buy with confidence. Excellent Customer Service & Return policy.
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A$297.63
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