MARC Record from marc_columbia

LEADER: 03518fam a2200385 a 4500
001 1905160
005 20220609023609.0
008 960312s1996 nyua b 001 0 eng
010 $a 96012024
020 $a0521562686
035 $a(OCoLC)503085280
035 $a(OCoLC)ocn503085280
035 $9ALZ8148CU
035 $a(NNC)1905160
035 $a1905160
040 $aDLC$cDLC$dNNC$dOrLoB-B
050 00 $aHG6046$b.W28 1996
082 00 $a332.63/28$220
100 1 $aWalker, Donald A.$q(Donald Anthony),$d1934-$0http://id.loc.gov/authorities/names/n82145944
245 10 $aWalras's market models /$cDonald A. Walker.
260 $aNew York ;$aCambridge :$bCambridge University Press,$c1996.
300 $axvi, 459 pages :$billustrations ;$c24 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
504 $aIncludes bibliographical references and index.
505 00 $g1.$tWalras's conception of a competitive market economy --$g2.$tThe mature models: Not a normative scheme --$g3.$tThe mature models of the barter of stocks of commodities --$g4.$tInstitutions and participants in the model of monetary oral pledges markets --$g5.$tDisequilibrium and equilibrium in the model of monetary oral pledges markets --$g6.$tThe structure of the mature nondurable consumer commodities model --$g7.$tThe equilibrating processes in the mature nondurable consumer commodities model --$g8.$tThe structure of the mature comprehensive model --$g9.$tThe equilibrating processes in the mature comprehensive model --$g10.$tWalras and his critics on the maximum utility of new capital goods --$g11.$tThe mature models of the money market --$g12.$tIteration in the mature model of tatonnement --$g13.$tThe mature model of the behavior of the entrepreneur --$g14.$tWalras versus Edgeworth on tatonnement processes --$g15.$tThe structure of the barter model of written pledges markets --
505 80 $g16.$tDisequilibrium features of the barter model of written pledges markets --$g17.$tThe written pledges markets in the last comprehensive model --$g18.$tThe markets for circulating capital and money in the last comprehensive model --$g19.$tConclusion.
520 $aWalras's Market Models describes and evaluates Leon Walras's models of competitive markets. The book differs from previous examinations of his work by identifying his career phases and the associated general equilibrium models, which are shown to be very different in character.
520 8 $aDuring his mature phase of theoretical activity, Walras was concerned with a competitive economy that passes through a stage of disequilibrium in the production and sales of commodities. In his last phase of theoretical activity, he tried to construct a model in which hiring, production, sales, consumption, and saving would be suspended until an equilibrium of prices was found. The defective structure of that model and its fragmentary nature prevented it from becoming a functioning system.
520 8 $aUntil now, the models of the two phases of Walras's theoretical work have not been subjected to an accurate analysis and evaluation. Walras's Market Models fills this gap.
650 0 $aCommodity exchanges$xMathematical models.
650 0 $aCommercial products$xMathematical models.
650 0 $aEquilibrium (Economics)$xMathematical models.$0http://id.loc.gov/authorities/subjects/sh2008102574
600 10 $aWalras, Léon,$d1834-1910.$0http://id.loc.gov/authorities/names/n50024510
852 00 $boff,bus$hHG6046$i.W28 1996