Core and Equilibria of a Large Economy. (PSME-5) / / Werner Hildenbrand.
Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible."...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979 |
---|---|
VerfasserIn: | |
Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2015] ©1974 |
Year of Publication: | 2015 |
Language: | English |
Series: | Princeton Studies in Mathematical Economics ;
1492 |
Online Access: | |
Physical Description: | 1 online resource (262 p.) |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
9781400869473 |
---|---|
ctrlnum |
(DE-B1597)454307 (OCoLC)979882215 |
collection |
bib_alma |
record_format |
marc |
spelling |
Hildenbrand, Werner, author. aut http://id.loc.gov/vocabulary/relators/aut Core and Equilibria of a Large Economy. (PSME-5) / Werner Hildenbrand. Princeton, NJ : Princeton University Press, [2015] ©1974 1 online resource (262 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Princeton Studies in Mathematical Economics ; 1492 Frontmatter -- CONTENTS -- PREFACE -- PART I. MATHEMATICS -- PART II. ECONOMICS -- SUMMARY OF NOTATION -- BIBLIOGRAPHY -- NAME INDEX -- SUBJECT INDEX -- Backmatter restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a general and precise definition of economics with this property he considers both economies with a continuum of agents, and a sequence of economies with an increasing number of participants. In both cases this leads to a measure theoretic formulation of economic equilibrium analysis.In the first part of the book the relevant mathematics is developed. In the second part the continuity and convexity properties of the total demand of a consumption sector are investigated. An important result is the equivalence between the core and the set of Walras equilibria for an exchange economy with a continuum of agents. The author then deals with limit theorems on the core for purely competitive sequences of exchange economies. In the last chapter the core and the set of Walras equilibria for a coalition production economy and the relation between these two equilibrium concepts are studied.Originally published in 1974.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) Economics Political Economics Political Economics. Economics, Mathematical. Equilibrium (Economics). BUSINESS & ECONOMICS / Economics / Macroeconomics. bisacsh Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979 9783110426847 Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package Social Sciences 9783110413601 Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999 9783110442496 print 9780691618784 https://doi.org/10.1515/9781400869473?locatt=mode:legacy https://www.degruyter.com/isbn/9781400869473 Cover https://www.degruyter.com/cover/covers/9781400869473.jpg |
language |
English |
format |
eBook |
author |
Hildenbrand, Werner, Hildenbrand, Werner, |
spellingShingle |
Hildenbrand, Werner, Hildenbrand, Werner, Core and Equilibria of a Large Economy. (PSME-5) / Princeton Studies in Mathematical Economics ; Frontmatter -- CONTENTS -- PREFACE -- PART I. MATHEMATICS -- PART II. ECONOMICS -- SUMMARY OF NOTATION -- BIBLIOGRAPHY -- NAME INDEX -- SUBJECT INDEX -- Backmatter |
author_facet |
Hildenbrand, Werner, Hildenbrand, Werner, |
author_variant |
w h wh w h wh |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Hildenbrand, Werner, |
title |
Core and Equilibria of a Large Economy. (PSME-5) / |
title_full |
Core and Equilibria of a Large Economy. (PSME-5) / Werner Hildenbrand. |
title_fullStr |
Core and Equilibria of a Large Economy. (PSME-5) / Werner Hildenbrand. |
title_full_unstemmed |
Core and Equilibria of a Large Economy. (PSME-5) / Werner Hildenbrand. |
title_auth |
Core and Equilibria of a Large Economy. (PSME-5) / |
title_alt |
Frontmatter -- CONTENTS -- PREFACE -- PART I. MATHEMATICS -- PART II. ECONOMICS -- SUMMARY OF NOTATION -- BIBLIOGRAPHY -- NAME INDEX -- SUBJECT INDEX -- Backmatter |
title_new |
Core and Equilibria of a Large Economy. (PSME-5) / |
title_sort |
core and equilibria of a large economy. (psme-5) / |
series |
Princeton Studies in Mathematical Economics ; |
series2 |
Princeton Studies in Mathematical Economics ; |
publisher |
Princeton University Press, |
publishDate |
2015 |
physical |
1 online resource (262 p.) Issued also in print. |
contents |
Frontmatter -- CONTENTS -- PREFACE -- PART I. MATHEMATICS -- PART II. ECONOMICS -- SUMMARY OF NOTATION -- BIBLIOGRAPHY -- NAME INDEX -- SUBJECT INDEX -- Backmatter |
isbn |
9781400869473 9783110426847 9783110413601 9783110442496 9780691618784 |
url |
https://doi.org/10.1515/9781400869473?locatt=mode:legacy https://www.degruyter.com/isbn/9781400869473 https://www.degruyter.com/cover/covers/9781400869473.jpg |
illustrated |
Not Illustrated |
doi_str_mv |
10.1515/9781400869473?locatt=mode:legacy |
oclc_num |
979882215 |
work_keys_str_mv |
AT hildenbrandwerner coreandequilibriaofalargeeconomypsme5 |
status_str |
n |
ids_txt_mv |
(DE-B1597)454307 (OCoLC)979882215 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979 Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package Social Sciences Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999 |
is_hierarchy_title |
Core and Equilibria of a Large Economy. (PSME-5) / |
container_title |
Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979 |
_version_ |
1770176715272749056 |
fullrecord |
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>04987nam a22007815i 4500</leader><controlfield tag="001">9781400869473</controlfield><controlfield tag="003">DE-B1597</controlfield><controlfield tag="005">20210830012106.0</controlfield><controlfield tag="006">m|||||o||d||||||||</controlfield><controlfield tag="007">cr || ||||||||</controlfield><controlfield tag="008">210830t20151974nju fo d z eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781400869473</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1515/9781400869473</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-B1597)454307</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)979882215</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-B1597</subfield><subfield code="b">eng</subfield><subfield code="c">DE-B1597</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">nju</subfield><subfield code="c">US-NJ</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS039000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Hildenbrand, Werner, </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Core and Equilibria of a Large Economy. (PSME-5) /</subfield><subfield code="c">Werner Hildenbrand.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Princeton, NJ : </subfield><subfield code="b">Princeton University Press, </subfield><subfield code="c">[2015]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©1974</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (262 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">text file</subfield><subfield code="b">PDF</subfield><subfield code="2">rda</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Princeton Studies in Mathematical Economics ;</subfield><subfield code="v">1492</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">Frontmatter -- </subfield><subfield code="t">CONTENTS -- </subfield><subfield code="t">PREFACE -- </subfield><subfield code="t">PART I. MATHEMATICS -- </subfield><subfield code="t">PART II. ECONOMICS -- </subfield><subfield code="t">SUMMARY OF NOTATION -- </subfield><subfield code="t">BIBLIOGRAPHY -- </subfield><subfield code="t">NAME INDEX -- </subfield><subfield code="t">SUBJECT INDEX -- </subfield><subfield code="t">Backmatter</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="a">restricted access</subfield><subfield code="u">http://purl.org/coar/access_right/c_16ec</subfield><subfield code="f">online access with authorization</subfield><subfield code="2">star</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Can every allocation in the core of an economy be decentralized by a suitably chosen price system? Werner Hildenbrand shows that the answer is yes if the economy has "many" participating agents and if the influence of every individual agent on collective actions is "negligible." To give a general and precise definition of economics with this property he considers both economies with a continuum of agents, and a sequence of economies with an increasing number of participants. In both cases this leads to a measure theoretic formulation of economic equilibrium analysis.In the first part of the book the relevant mathematics is developed. In the second part the continuity and convexity properties of the total demand of a consumption sector are investigated. An important result is the equivalence between the core and the set of Walras equilibria for an exchange economy with a continuum of agents. The author then deals with limit theorems on the core for purely competitive sequences of exchange economies. In the last chapter the core and the set of Walras equilibria for a coalition production economy and the relation between these two equilibrium concepts are studied.Originally published in 1974.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.</subfield></datafield><datafield tag="530" ind1=" " ind2=" "><subfield code="a">Issued also in print.</subfield></datafield><datafield tag="538" ind1=" " ind2=" "><subfield code="a">Mode of access: Internet via World Wide Web.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Economics</subfield><subfield code="x">Political Economics</subfield><subfield code="x">Political Economics.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Economics, Mathematical.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Equilibrium (Economics).</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS / Economics / Macroeconomics.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Princeton Legacy Lib. eBook Package 1931-1979</subfield><subfield code="z">9783110426847</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Princeton Legacy Lib. eBook Package Social Sciences</subfield><subfield code="z">9783110413601</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Princeton University Press eBook-Package Archive 1927-1999</subfield><subfield code="z">9783110442496</subfield></datafield><datafield tag="776" ind1="0" ind2=" "><subfield code="c">print</subfield><subfield code="z">9780691618784</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1515/9781400869473?locatt=mode:legacy</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.degruyter.com/isbn/9781400869473</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="3">Cover</subfield><subfield code="u">https://www.degruyter.com/cover/covers/9781400869473.jpg</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-041360-1 Princeton Legacy Lib. eBook Package Social Sciences</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-042684-7 Princeton Legacy Lib. eBook Package 1931-1979</subfield><subfield code="c">1931</subfield><subfield code="d">1979</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-044249-6 Princeton University Press eBook-Package Archive 1927-1999</subfield><subfield code="c">1927</subfield><subfield code="d">1999</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_BACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_CL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ECL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EEBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESTMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_PPALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_SSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_STMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV-deGruyter-alles</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA11SSHE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA12STME</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA13ENGE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA17SSHEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA18STMEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA5EBK</subfield></datafield></record></collection> |