عنوان
پدید آورنده
موضوع
رده
کتابخانه
محل استقرار
9781441953063
9781475736199
dltt
Differential Topology and General Equilibrium with Complete and Incomplete Markets
[Book]
by Antonio Villanacci, Laura Carosi, Pierluigi Benevieri, Andrea Battinelli.
Boston, MA :
Imprint: Springer,
2002.
The goal of this publication is to provide basic tools of differential topology to study systems of nonlinear equations, and to apply them to the analysis of general equilibrium models with complete and incomplete markets. The main content of general equilibrium analysis is to study existence, (local) uniqueness and efficiency of equilibria. To study existence Differential Topology and General Equilibrium with Complete and Incomplete Markets combines two features. As a first step, first order conditions (of agents' maximization problems) and market clearing conditions, instead of aggregate excess demand functions, are used. As a second step, a homotopy argument, stated and proved in relatively elementary manner, is applied to that "extended systemof equations. Local uniqueness and smooth dependence of the endogenous variables from the exogenous ones are studied using a version of a so called parametric transversality theorem.
9781441953063
Springer eBooks
Economics.
Global analysis.
Microeconomics.
Villanacci, Antonio.
Battinelli, Andrea.
Benevieri, Pierluigi.
Carosi, Laura.
SpringerLink (Online service)
20190301080700.0
مطالعه متن کتاب [Book]
Y
