General Equilibrium Economics: Space, Time and Money

by Robert E. Kuenne

Overview

A collection of published papers in general equilibrium that explore the basic problems of extensive interdependence in models incorporating oligopoly, space, time and money. Robert E. Kuenne has also written "The Theory of General Economic Equilibrium".

Product Details

ISBN-13:	9781349127542
Publisher:	Palgrave Macmillan UK
Publication date:	01/01/1992
Edition description:	1st ed. 1992
Pages:	510
Product dimensions:	5.51(w) x 8.50(h) x (d)

Table of Contents

Part 1 General equilibrium theory - the economics of interdependence: Walras, Leontief and the interdependence of economic activities; the architectonics of Leon Walras; on Hick's concept of perfect stability in multiple exchange; the impact of steel upon the greater New York-Philadelphia industrial region; employment impacts of achieving automobile efficiency standards in the United States; general equilibrium analysis - its meaning, purposes and limitations; oligopoly under rivalrous consonance - an exploration of phantom objective functions and some algorithmic considerations; the rivalrous consonance framework for oligopoly analysis. Part 2 Spatial interdependence: an efficient algorithm for the numerical solution of the generalized Weber problem in spatial economics; exact and approximate solutions to the multisource Weber problem; approximate solutions to a dynamic combinatorial problem in space; exact and approximate solution of constrained dynamic combinatorial problems in space; economic decision making in a Poisson demand space. Part 3 Of time - Austrian capital theory: Eugen von Bohm-Bawerk; the stationary state and the technological superiority of present goods; the technological superiority of present goods; on the existence and role of money in a stationary system; Patinkin on neo-classical monetary theory - a critique in Walrasian specifics; Keynes's identity, Ricardian virtue, and the partial dichotomy; the Walrasian theory of money - an interpretation and a reconstruction; Say's law and Walras' law once more - comment; money, capital, and interest in intertemporal general equilibrium theory.