A Static Microeconomic Model of Pure Competition /
This book studies a large economy. It deals with a static microeconomic model of an exchange market with pure competition. Instead of the sigma-additive theory, the finitely additive theory, the general Jordan content and the general Riemann integration are used respectively. By a specialized probab...
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| Format: | eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg :
Springer Berlin Heidelberg,
1988.
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| Series: | Lecture notes in economics and mathematical systems ;
306. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | This book studies a large economy. It deals with a static microeconomic model of an exchange market with pure competition. Instead of the sigma-additive theory, the finitely additive theory, the general Jordan content and the general Riemann integration are used respectively. By a specialized probability model, the author obtains a precise interpretation strictly based on microeconomic methods of measurement. In particular, the meaning of an agent and of a coalition is explained and the Core-Walras equivalence is deduced. The author elaborates an elementary representation by broken continuous functions and the classical Riemann integral. A conjecture concerning the reduction of the dynamical case onto generalized differential equations is added. |
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| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (viii, 139 pages) |
| ISBN: | 9783642466397 (electronic bk.) 3642466397 (electronic bk.) |
| ISSN: | 0075-8442 ; |