New Essays on Pareto's Economic Theory

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Publisher : Routledge
ISBN 13 : 1134105177
Total Pages : 299 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis New Essays on Pareto's Economic Theory by : Luigino Bruni

Download or read book New Essays on Pareto's Economic Theory written by Luigino Bruni and published by Routledge. This book was released on 2009-05-07 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pareto's Manual of Political Economy, first published in 1905, introduced the analytical approach which has characterised a significant part of twentieth century economic theory. In particular, the Manual examined the ordinal representation of the individual choice, the issue of the general economic equilibrium and the Pareto optimality criterion for evaluating economic efficiency. The Manual also contained analyses of production, non-linear prices, non-competitive markets and the competition process, which have not yet been fully developed in modern mainstream economics. Based on Pareto’s groundbreaking ‘Manuale di Economia Politica’, this edited collection brings together a selection of essays from some of the most authoritative scholars of Pareto, who discuss the relevance of Pareto’s economics in the context of the present theoretical debate.

New Essays on Pareto’s Economic Theory

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Publisher : Routledge
ISBN 13 : 1134105185
Total Pages : 241 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis New Essays on Pareto’s Economic Theory by : Luigino Bruni

Download or read book New Essays on Pareto’s Economic Theory written by Luigino Bruni and published by Routledge. This book was released on 2009-05-07 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection brings together major Pareto scholars who examined the various aspects of Pareto’s thinking, from the point of view both of the history of economics and economic theory.

Essays in Dynamic General Equilibrium Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 3540271929
Total Pages : 278 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Essays in Dynamic General Equilibrium Theory by : Alessandro Citanna

Download or read book Essays in Dynamic General Equilibrium Theory written by Alessandro Citanna and published by Springer Science & Business Media. This book was released on 2006-01-11 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.

Vilfredo Pareto

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Publisher : Taylor & Francis
ISBN 13 : 9780415185028
Total Pages : 432 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Vilfredo Pareto by : John Cunningham Wood

Download or read book Vilfredo Pareto written by John Cunningham Wood and published by Taylor & Francis. This book was released on 1999 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The articles reprinted here cover pure economic theory, political economy (including sociological studies), Pareto's law of income distribution and miscellaneous matters, and give a general overview of the man and his contributions.

A History of Economic Theory

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Publisher : Routledge
ISBN 13 : 1134081456
Total Pages : 240 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis A History of Economic Theory by : T. Negishi

Download or read book A History of Economic Theory written by T. Negishi and published by Routledge. This book was released on 1989 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Organization with Incomplete Information

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Publisher : Cambridge University Press
ISBN 13 : 9780521553001
Total Pages : 372 pages
Book Rating : 4.5/5 (53 download)

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Book Synopsis Organization with Incomplete Information by : Mukul Majumdar

Download or read book Organization with Incomplete Information written by Mukul Majumdar and published by Cambridge University Press. This book was released on 1998-09-13 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.

The Evolution of Economic Theory

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Publisher : Routledge
ISBN 13 : 1136821325
Total Pages : 273 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis The Evolution of Economic Theory by : Volker Caspari

Download or read book The Evolution of Economic Theory written by Volker Caspari and published by Routledge. This book was released on 2013-03-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bertram Schefold is recognized internationally as an outstanding economist. He has made major contributions to the development of economic theory and particularly to economic thought. His contributions to economic theory include his work on Sraffian economics and its implications for the theory of value and distribution, capital theory, growth and technical progress. This book consists of ten papers by distinguished economists from Europe, the United States and Japan. The papers cover a range of topics chosen according to Bertram Schefolds main fields of research, from Wicksell’s principle of just taxation to Sraffa and the Universal Basic Income to Marx’s Theory of Value. Covering Schefold's main areas of academic interest, this is an important and comprehensive volume which is a fitting tribute to one of the foremost economic thinkers of our age.

Handbook on the History of Economic Analysis Volume II

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Publisher : Edward Elgar Publishing
ISBN 13 : 1785367366
Total Pages : 488 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Handbook on the History of Economic Analysis Volume II by : Gilbert Faccarello

Download or read book Handbook on the History of Economic Analysis Volume II written by Gilbert Faccarello and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique troika of Handbooks provides indispensable coverage of the history of economic analysis. Edited by two of the foremost academics in the field, the volumes gather together insightful and original contributions from scholars across the world. The encyclopaedic breadth and scope of the original entries will make these Handbooks an invaluable source of knowledge for all serious students and scholars of the history of economic thought.

Essays on Classical and Marxian Political Economy

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Publisher : Routledge
ISBN 13 : 1135072612
Total Pages : 424 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Essays on Classical and Marxian Political Economy by : Samuel Hollander

Download or read book Essays on Classical and Marxian Political Economy written by Samuel Hollander and published by Routledge. This book was released on 2013-02-11 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Samuel Hollander’s work has been provoking debate for over four decades. This book brings together key contributions of recent years, in addition to some brand new pieces. The essays are introduced by a Preface in which Hollander reflects on his past work and reactions to it. Highlights include two issues of particular current relevance. Conspicuous is an extensive chapter regarding Adam Smith’s often neglected arguments for government intervention in the economy to correct market failures, and his critical view of the business class as an anti-social force. Important economists considered in relation to Adam Smith’s position on the role of the state include Jeremy Bentham and the Scottish-Canadian John Rae. Similarly of high present-day interest is a re-examination of Karl Marx’s theory of exploitation, or the notion of profits as "embezzlement," demonstrating Marx’s effective abandonment of this perspective in the case of the small active businessman as distinct from the major joint-stock corporation. Other papers demonstrate the close intellectual relationship between David Ricardo and Thomas Robert Malthus; the extensive common ground between the British school and the French under the leadership of Jean-Baptiste Say; the failure of a so-called anti-Ricardian opposition in Britain represented by Samuel Bailey; and the denial of a sharp discontinuity between "classical" and later "neo-classical" economics. Finally, several biographical essays are included as well as an extension of the autobiographical account appearing in Collected Essays II.

Economic Theory and Economic Thought

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Publisher : Routledge
ISBN 13 : 1135183007
Total Pages : 417 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Economic Theory and Economic Thought by : John Vint

Download or read book Economic Theory and Economic Thought written by John Vint and published by Routledge. This book was released on 2010-01-21 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection contains wide ranging contributions from distinguished authorities in economics, reflecting on Ian Steedman's work on time, international trade, capital theory and prices and growth and distribution.

A Dynamic Approach to Economic Theory

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Publisher : Routledge
ISBN 13 : 1136927859
Total Pages : 194 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis A Dynamic Approach to Economic Theory by : Ragnar Frisch

Download or read book A Dynamic Approach to Economic Theory written by Ragnar Frisch and published by Routledge. This book was released on 2013-03 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a set of notes prepared by Ragnar Frisch for a lecture series that he delivered at Yale University in 1930., complete with an introdutory essay from Olav Bjerkholt and Duo Qin placing the notes in their historical context.

Iconic Ideas in the History of Social Thought

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Publisher : FriesenPress
ISBN 13 : 1460281535
Total Pages : 288 pages
Book Rating : 4.4/5 (62 download)

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Book Synopsis Iconic Ideas in the History of Social Thought by : Wsevolod W. Isajiw

Download or read book Iconic Ideas in the History of Social Thought written by Wsevolod W. Isajiw and published by FriesenPress. This book was released on 2016-05-13 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book distinguishes a number of types of social thought and traces their history from “tribal” times until present day. It shows that human beings thought systematically about their societies very early in their development, even if only informally, as they did not write treatises about them. In many ways, they formed a basis for all social thought that followed. The book discusses the social thought of ancient civilizations and talks about how the rationalism of Greek and Roman times and the religiosity of early and later Christianity influenced its development. The book then explains the influence of the Reformation, the change of the intellectual climate and the emergence of new approaches to the discussion about the nature of society. It talks about the theorists who argued that societies were created by social contract among people and some, like the colorful Robert Owen, advised that we should learn by doing. He tried to establish two colonies in which people would work and live together and share the products of their work among all in the colony. This was a benign socialist idea. It did not work. But soon the aggressive socialism of Karl Marx and his followers emerged. A strong trend emerged in the meantime for the scientific study of society, employing all the methods of the natural sciences. Sociology as a professional discipline thus developed. An issue emerged whether society is just a congregation of individuals or has a reality of its own. Differences among scholars emerged with American sociologists favoring individualistic sociology and Europeans favoring the reality of society approach. But the contest was crowned by Max Weber, whom some consider to be the greatest sociologist who ever lived, and his “analytical” and “verstehende” sociology. The field of sociology has spread out widely into various specializations. The book also studies popular social thought. It briefly describes Islamic social thought, looks at popular thought in Europe in the first half of the 20th century, and current American popular thought. It ends by discussing the future of social thought.

Theory and Reality in Financial Economics

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Publisher : World Scientific
ISBN 13 : 9812707913
Total Pages : 238 pages
Book Rating : 4.8/5 (127 download)

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Book Synopsis Theory and Reality in Financial Economics by : George M. Frankfurter

Download or read book Theory and Reality in Financial Economics written by George M. Frankfurter and published by World Scientific. This book was released on 2007 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of essays dealing with financial markets' imperfections, and the inability of neoclassical economics to deal with such imperfections. This book argues that financial economics, as based on the tenets of neoclassical economics, cannot answer or solve the real-life problems that people face.

Adam Smith and the Economy of the Passions

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Publisher : Routledge
ISBN 13 : 1136942165
Total Pages : 160 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Adam Smith and the Economy of the Passions by : Jan Horst Keppler

Download or read book Adam Smith and the Economy of the Passions written by Jan Horst Keppler and published by Routledge. This book was released on 2010-07-14 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fertility of Adam Smith’s work stems from a paradoxical structure where the pursuit of economic self-interest and wealth accumulation serve wider social objectives. The incentive for this wealth accumulation comes from a desire for social recognition or "sympathy" – the need to recognise ourselves in our peers – which is the primary incentive for moderating and transforming our violent and egotistical passions. Adam Smith thus examines in detail the subliminal emotional structure underlying market behaviour. This new book by Professor Jan Horst Keppler presents an Adam Smith for the 21st century, more sceptical, searching and daring than he has ever been portrayed before. Without disputing its benefits, Professor Keppler’s original contribution explores the anarchic passions constantly threatening to destroy all social bounds, and how the overarching "desire for love" and social recognition provides the Smithian individual with the incentive to transform his unsocial passions into a desire for social advancement and economic wealth with the view to gaining the vital approbation of his peers. One of the most striking results of this new reading of Adam Smith is the latter’s insistence on the primacy of exchange value over use value. In other words, the quest for wealth is exclusively driven by the value it represents in the eyes of others rather than by any value in individual use. At a moment of crisis, where the link between "true" economic values and "virtual" financial values is more fragile than ever, Adam Smith’s work is a profoundly contemporary reminder that in the absence of personal, ethical groundings our economic actions are only grounded in the game of mirrors we play with our peers. This book will be of interest to postgraduate students and researchers in the History of Economics, or indeed any reader with an interest in the psychological foundations of a market economy and its theoretical representations as developed by Adam Smith.

The Theory of Value and Distribution in Economics

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Publisher : Routledge
ISBN 13 : 0415519594
Total Pages : 162 pages
Book Rating : 4.4/5 (155 download)

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Book Synopsis The Theory of Value and Distribution in Economics by : Pierangelo Garegnani

Download or read book The Theory of Value and Distribution in Economics written by Pierangelo Garegnani and published by Routledge. This book was released on 2012 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume explores two alternative economic theories - the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a 'classical' approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa's position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.

Classical Political Economy and Modern Theory

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Publisher : Routledge
ISBN 13 : 1136639403
Total Pages : 455 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Classical Political Economy and Modern Theory by : Neri Salvadori

Download or read book Classical Political Economy and Modern Theory written by Neri Salvadori and published by Routledge. This book was released on 2013-06-17 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world. Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is dedicated to personal reminiscences. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.

Measuring Utility

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Publisher : Oxford University Press
ISBN 13 : 0199372799
Total Pages : 352 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Measuring Utility by : Ivan Moscati

Download or read book Measuring Utility written by Ivan Moscati and published by Oxford University Press. This book was released on 2018-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.