The core theory in economics : problems and solutions / Lester G. Telser
- Bib ID:
- 3799171
- Format:
- Book
- Author:
- Telser, Lester G., 1931-
- Related Online Resources:
- Publisher description
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- Description:
-
- Abingdon, Oxon. ; New York : Routledge, 2007 [i.e. 2006]
- xiii, 379 p. : ill. ; 24 cm.
- ISBN:
-
- 9780415701440
- 0415701449
- Series:
- Routledge frontiers of political economy ; 79.
- Summary:
-
"The Core Theory in Economics illustrates the various arenas in which Core Theory can be applied, including; the working of markets, applications to the gold standard that illuminate Hume's quantity theory of money, supply responses requiring solutions of combinatorial problems, successful deregulations of markets and game theory."--BOOK JACKET.
- Full contents:
-
- Pt. I. Introduction
- 1. Prologue
- 2. The evolution of economics
- 3. A rationale for the core
- 4. Zero-sum games
- 5. The saddlevalue for n-person games : why and how
- Pt. II. Markets
- 1. Single unit trade
- 2. Extreme applications of core theory
- 3. Market rules
- 4. Socially induced valuations
- 5. Best allocation of n goods among m traders
- 6. Truth telling
- 7. Noncooperative trading games
- Pt. III. Multiproduct industry total cost functions with avoidable costs
- 1. The standard model
- 2. The electricity market
- 3. Multiproduct industry total cost functionals
- 4. A practical model of demand
- 5. Indicator functions as applied to demand
- 6. Software's challenge to economics
- Pt. IV. Critical analyses of noncooperative equilibria
- 1. Lighthouses and weather forecasting : public or private?
- 2. Noncooperative and cooperative models of research outlays
- 3. Dilemma of cooperation.
- 4. The typical inefficiency of noncooperative equilibria
- 5. Computing Cournot-Nash equilibria for three-person non-zero-sum games.
- Notes:
- Includes bibliographical references (p. [371]-376) and index.
- Subject:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2007
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