Introduction into Capital Theory: A Neo-Austrian Perspective

Introduction into Capital Theory: A Neo-Austrian Perspective

by Gunter Stephan

Paperback(Softcover reprint of hardcover 1st ed. 1995)

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Product Details

ISBN-13: 9783642082160
Publisher: Springer Berlin Heidelberg
Publication date: 12/03/2010
Edition description: Softcover reprint of hardcover 1st ed. 1995
Pages: 293
Product dimensions: 6.10(w) x 9.25(h) x 0.24(d)

Table of Contents

1 Introduction and Motivation.- 2 Basic Concepts.- 3 A Neo-Austrian Approach: Basic Concepts.- 4 Neo-Austrian Concepts in a Multisector-Multiperiod Framework.- 5 The Open-Endedness of the Future: Motivation, Arguments, Framework.- 6 Steady State Economies.- 7 Prices in an Open-ended World.- 8 The Open-Endedness of Time and Efficiency Prices: Sufficient and Necessary Conditions.- 9 Overlapping Generations, Superiority of Roundaboutness and Pareto-Efficiency.- 10 Incomplete Markets: A Neo-Austrian Theory of Computable General Equilibrium Models.- 11 Incomplete Markets and Computable Equilibria: A Numerical Illustration.- References.- Author Index.

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