书目名称 | Economic Exchange and Social Organization |
副标题 | The Edgeworthian fou |
编辑 | Robert P. Gilles |
视频video | |
丛书名称 | Theory and Decision Library C |
图书封面 |  |
描述 | This book aims to develop an institutional approach to general economic equi librium. Thus far, institutional economics has essentially been confined to purely verbal discourse. Here I argue the case that general equilibrium theory forms a well rounded basis for the development of an institutional economic the ory. The fundamental economic trade mechanism underlying this refocusing is that of the Edgeworthian barter mechanism modelled through the equilibrium notion of the core of an economy. There is an extensive literature that links the core with the Walrasian price mechanism, which is explored in this book. Next I develop an alternative model of explicitly nonsovereign trade in the setting of an institutionally structured economy. In this book the core and several of its extensions are considered to be descriptions of the equilibrium allocations resulting from institutionalized barter processes, thereby providing a basis of an institutionally based economic theory. Traditionally finite economies have been assessed as the most natural represen tations of real life economies, in particular of market economies. Many funda mental insights have been developed. In the first half o |
出版日期 | Book 1996 |
关键词 | economic theory; equilibrium; general equilibrium; general equilibrium theory |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-4613-1285-7 |
isbn_softcover | 978-1-4612-8549-6 |
isbn_ebook | 978-1-4613-1285-7Series ISSN 0924-6126 Series E-ISSN 2194-3044 |
issn_series | 0924-6126 |
copyright | Kluwer Academic Publishers 1996 |