This book argues that the shift in general equilibrium theory, from its early long-period to the modern very …. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as …, not only in many aspects of the history of economic theory, but also in fundamental issues in the theories of value …

introduction to elementary economics. The venerable theory of supply and demand is reconstituted upon plausible and defensible …pt. 1. The theory of markets -- pt. 2. Market processes when information matters -- pt. 3. Labor markets -- pt. 4 …

, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting …

Incomplete', Journal of Economic Theory, 11 (3), December, 418-43 -- David Cass (2006), 'Competitive Equilibrium with Incomplete …), 'On the Theory of the Firm in an Economy with Incomplete Markets', Bell Journal of Economics and Management Science, 5 (1 …. Grossman and Oliver D. Hart (1979), 'A Theory of Competitive Equilibrium in Stock Market Economies', Econometrica, 47 (2 …

Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by … property rights within a static equilibrium framework. In this book David Andersson reformulates property rights theory as an … evolutionary theory of the market process …