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...

Full description

Bibliographic Details
Main Author: Klein, Christoph
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 1988.
Series:Lecture notes in economics and mathematical systems ; 306.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
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.
Item Description:Electronic resource.
Physical Description:1 online resource (viii, 139 pages)
ISBN:9783642466397 (electronic bk.)
3642466397 (electronic bk.)
ISSN:0075-8442 ;