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Titlebook: General Equilibrium with Increasing Returns; Antonio Villar Book 19961st edition Springer-Verlag Berlin Heidelberg 1996 General Equlibrium

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发表于 2025-3-21 17:24:08 | 显示全部楼层 |阅读模式
书目名称General Equilibrium with Increasing Returns
编辑Antonio Villar
视频video
丛书名称Lecture Notes in Economics and Mathematical Systems
图书封面Titlebook: General Equilibrium with Increasing Returns;  Antonio Villar Book 19961st edition Springer-Verlag Berlin Heidelberg 1996 General Equlibrium
描述This is a book on general equilibrium in which firms are allowed to exhibit increasing returns to scale (more precisely, in which the convexity of production sets is not assumed). As such, it provides a full fledged general equilibrium model and analyzes the chief questions concerning existence and optimality. Increasing returns is a topic which many economists find it to be simultaneously very imponant, very difficult and very discouraging. It is very important because it refers to a well established technological phenomenon which is essentially incompatible with the functioning of competitive markets. It is very difficult because the standard concepts and tools for the analysis fail (in particular, the supply mappings are not well defined). It is very discouraging because the available models do not seem to solve the basic questions: Normative models where nonconvex firms follow marginal pricing do not achieve efficient outcomes, and positive models cannot incorporate monopolistic competition as a way of defming the behavior of those firms with increasing returns to scale. I would like to think that this monograph will contribute to show that "the increasing returns question" is
出版日期Book 19961st edition
关键词General Equlibrium; Gleichgewichtstheorie; Increasing Returns; Mathematische Ökonomie; Non-Convexities; c
版次1
doihttps://doi.org/10.1007/978-3-662-00457-9
isbn_ebook978-3-662-00457-9Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer-Verlag Berlin Heidelberg 1996
The information of publication is updating

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General Equilibrium with Increasing Returns978-3-662-00457-9Series ISSN 0075-8442 Series E-ISSN 2196-9957
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A. Giardini-Guidoni,R. Camilloni,G. Stefanition sets are convex. Hence it describes competitive behaviour in the convex case, and defines a specific regulation policy when there are increasing returns to scale (even though its efficiency properties are far from satisfactory).
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Applications of the Optical Phase Operator,The key concept in the analysis will be that of a .. A classical equilibrium consists of a price vector and an allocation such that supply equals demand, and all active firms are equally profitable (where the common rate of return is the highest one attainable at these prices).
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