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.
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.
![A Static Microeconomic Model of Pure Competition](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
A Static Microeconomic Model of Pure Competition
139![A Static Microeconomic Model of Pure Competition](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
A Static Microeconomic Model of Pure Competition
139Paperback(Softcover reprint of the original 1st ed. 1988)
Product Details
ISBN-13: | 9783540193586 |
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Publisher: | Springer Berlin Heidelberg |
Publication date: | 06/24/1988 |
Series: | Lecture Notes in Economics and Mathematical Systems , #306 |
Edition description: | Softcover reprint of the original 1st ed. 1988 |
Pages: | 139 |
Product dimensions: | 6.69(w) x 9.61(h) x 0.01(d) |