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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Bibliographic Details
Main Author: Villar, Antonio
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2000.
Edition:2.
Subjects:
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.