Main description: The concept of general equilibrium, one of the central components of economic theory, explains the … mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic … theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up …

Competition and efficiency is at the core of economic theory. This volume collects papers of leading scholars, which … evaluated. Core equivalence is shown for bargaining economies. The theory of risk aversion is extended and the relation between …

an alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreu`s Theory of Value (1959 … alternative to the now classical, axiomatic general equilibrium theory as exposited in Debreu`s Theory of Value(1959) or Arrow and …