Equilibrium and Efficiency in Production Economies /
This book deals with the analysis of production economies in which firms may exhibit increasing returns to scale, or other forms of non-convexities. The study focuses on the existence and efficiency of equilibrium allocations, and the comparison with the standard competitive equilibrium model. A num...
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| Format: | eBook |
| Language: | English |
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Berlin, Heidelberg :
Springer Berlin Heidelberg,
2000.
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| Edition: | 2. |
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| Online Access: | Connect to the full text of this electronic book |
Table of Contents:
- Preliminaries
- Consumers
- Production and Supply
- Competitive Equilibrium
- Equilibrium with Non-Convex Firms
- Marginal Pricing
- Increasing Returns and Monopolies
- Loss-Free Pricing Rules
- Competition and Increasing Returns
- Non-Convexities as Public Goods
- Input-Output Analysis
- The Limits of the Economy.