General Equilibrium Theory
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General Equilibrium and Game Theory
| Author | : Andreu Mas-Colell |
| Publisher | : Harvard University Press |
| Total Pages | : 249 |
| Release | : 2016-01-04 |
| Genre | : Business & Economics |
| ISBN | : 0674728734 |
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Andreu Mas-Colell revolutionized our understanding of competitive markets, price formation, and the behavior of market participants. This volume presents the papers that solidified his standing as one of the preeminent economic theorists of our time. It also is invaluable for anyone wishing to study the craft of a master of economic modeling.
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The concept of general equilibrium, one of the central components of economic theory, explains the behavior of supply, demand, and prices by showing that supply
