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Beyond Equilibrium Theory
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Book Synopsis Beyond Equilibrium Thermodynamics by : Hans Christian Öttinger
Download or read book Beyond Equilibrium Thermodynamics written by Hans Christian Öttinger and published by John Wiley & Sons. This book was released on 2005-05-13 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond Equilibrium Thermodynamics fills a niche in the market by providing a comprehensive introduction to a new, emerging topic in the field. The importance of non-equilibrium thermodynamics is addressed in order to fully understand how a system works, whether it is in a biological system like the brain or a system that develops plastic. In order to fully grasp the subject, the book clearly explains the physical concepts and mathematics involved, as well as presenting problems and solutions; over 200 exercises and answers are included. Engineers, scientists, and applied mathematicians can all use the book to address their problems in modelling, calculating, and understanding dynamic responses of materials.
Book Synopsis Beyond Equilibrium Theory by : M. Ross DeWitt
Download or read book Beyond Equilibrium Theory written by M. Ross DeWitt and published by University Press of America. This book was released on 2000 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond Equilibrium Theory is a fundamentally new interpretation of social reality that introduces theories of social formation and transformation, for micro- and macro-analysis of action systems and social movements. Equilibrium and conflict are viewed as societal variants rather than as ideal or natural states. Classical theorists are placed within a common theoretical framework, in an analysis of social order and social change as separate continua. Multiple path models trace changing patterns of partnering and power sharing. Hypotheses are tested with field-collected survey data, regression analysis of higher-order interactions, and comparisons of means adjusted for other effects. Researchers are provided with detailed methods of integrating theory and research, including nonlinear models and new logics of causality.
Book Synopsis Advanced Microeconomics by : Harald Wiese
Download or read book Advanced Microeconomics written by Harald Wiese and published by Springer Nature. This book was released on 2021-08-11 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook for master programs in economics offers a comprehensive overview of microeconomics. It employs a carefully graded approach where basic game theory concepts are already explained within the simpler decision framework. The unavoidable mathematical content is supplied when needed, not in an appendix. The book covers a lot of ground, from decision theory to game theory, from bargaining to auction theory, from household theory to oligopoly theory, and from the theory of general equilibrium to regulation theory. Additionally, cooperative game theory is introduced. This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.
Book Synopsis General Equilibrium Theory of Value by : Yves Balasko
Download or read book General Equilibrium Theory of Value written by Yves Balasko and published by Princeton University Press. This book was released on 2011-07-25 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and demand exist in balance through pricing mechanisms. The mathematical tools and properties for this theory have developed over time to accommodate and incorporate developments in economic theory, from multiple markets and economic agents to theories of production. Yves Balasko offers an extensive, up-to-date look at the standard theory of general equilibrium, to which he has been a major contributor. This book explains how the equilibrium manifold approach can be usefully applied to the general equilibrium model, from basic consumer theory and exchange economies to models with private ownership of production. Balasko examines properties of the standard general equilibrium model that are beyond traditional existence and optimality. He applies the theory of smooth manifolds and mappings to the multiplicity of equilibrium solutions and related discontinuities of market prices. The economic concepts and differential topology methods presented in this book are accessible, clear, and relevant, and no prior knowledge of economic theory is necessary. General Equilibrium Theory of Value offers a comprehensive foundation for the most current models of economic theory and is ideally suited for graduate economics students, advanced undergraduates in mathematics, and researchers in the field.
Book Synopsis The Equilibrium Theory of Inhomogeneous Polymers by : Glenn Fredrickson
Download or read book The Equilibrium Theory of Inhomogeneous Polymers written by Glenn Fredrickson and published by Oxford University Press on Demand. This book was released on 2006 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a pedagogical introduction to the theoretical and computer simulation techniques that are useful in the design of polymer formulations including personal care products, multiphase plastic materials, processed foods, and colloidal and nanoparticle dispersions. The book serves to unify previous work in a common language and provides a balanced treatment of analytical theory and numerical techniques, including an introduction to the exciting new field offield-theoretic polymer simulations - the direct numerical simulation of field theory models of meso-structured polymer melts, solutions, and dispersions.
Book Synopsis General Equilibrium by : Yves Balasko
Download or read book General Equilibrium written by Yves Balasko and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by one of the key pioneers in the field, this book offers an accessible introduction to general equilibrium theory. Written for undergraduates taking courses in economic theory and modelling who have limited mathematical proficiency, the book fills a gap between forbidding technical expositions and the less rigorous elementary ones.
Book Synopsis Classical General Equilibrium Theory by : Lionel W. McKenzie
Download or read book Classical General Equilibrium Theory written by Lionel W. McKenzie and published by MIT Press (MA). This book was released on 2002 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed overview of the classical model of general equilibrium theory.
Book Synopsis General Equilibrium by : W. D. A. Bryant
Download or read book General Equilibrium written by W. D. A. Bryant and published by World Scientific. This book was released on 2010 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about the operation of markets and posed by Frank Hahn in the following way: OCyDoes the pursuit of private interest, through a system of interconnected deregulated markets, lead not to chaos but to coherence OCo and if so, how is that achieved?OCO This is always an apt question, but particularly so given the OCyGlobal Financial CrisisOCO that emerged from the operation of market economies in the Americas and Europe in mid to late 2008. The answer that General Equilibrium Theory provides to the Walras-Hahn question is that, under certain conditions coherence is possible, while under certain other conditions chaos, in various forms, is likely to prevail. The conditionality of either outcome is not always well understood OCo neither by proponents of, or antagonists to, the OCyfree market positionOCO. Consequently, this book attempts to show something of what General Equilibrium Theory has to say about the wisdom or otherwise of always relying on OCymarket forcesOCO to manage complex socio-economic systems. Sample Chapter(s). Chapter 1: General Equilibrium Theory: An Overview (138 KB). Contents: General Equilibrium Theory: An Overview; Existence of Equilibrium: Sufficient Conditions; Existence of Equilibrium: Necessary Conditions; Equilibrium and Irreducibility: Some Empirical Evidence; Existence of Equilibrium Under Alternative Income Conditions; Existence of Walrasian Equilibrium in Some NonOCoArrow-Debreu Environments; Uniqueness of Equilibrium; Stability of Equilibrium; Optimality of Equilibrium; Comparative Statics of Equilibrium States; Empirical Evidence on General Equilibrium; General Equilibrium Theory in Retrospect. Readership: Advanced undergraduates and graduate students in economics; economists interested in economic theory."
Book Synopsis Ricardo's Economics by : Michio Morishima
Download or read book Ricardo's Economics written by Michio Morishima and published by Cambridge University Press. This book was released on 1990-10-25 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, together with Marx's Economic and Walras' Economics, completes a sequence of titles by Professor Morishima on the first generation of scientific economists. The author's assessment of Ricardo differs substantially from the established views adopted by economists and historians of economic thought. While economists such as Pasinetti, Caravale and Samuelson have concentrated on macroeconomic interpretations of Ricardo, and historians of economic thought have emphasised his labour theory of value, Morishima takes a different course. In this book the author concentrates on Ricardo's main work, The Principles, and shows that his economics is the prototype of mathematical economies without the symbols and formulae. Morishima then translates Ricardo's economics into mathematical language to find a general equilibrium system (very similar to Walras') concealed within. The analysis also contradicts the conventional view that marginalism emerged in opposition to classical economics, showing instead that Ricardian analysis is firmly based on marginalist principles, using prices, wages and profits rather than labour values. The book ends with a discussion of the historical character of economic theory and an attempt to specify the epoch of Ricardian economics.
Book Synopsis Non-equilibrium Thermodynamics and the Production of Entropy by : Axel Kleidon
Download or read book Non-equilibrium Thermodynamics and the Production of Entropy written by Axel Kleidon and published by Springer Science & Business Media. This book was released on 2004-11-18 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present volume studies the application of concepts from non-equilibrium thermodynamics to a variety of research topics. Emphasis is on the Maximum Entropy Production (MEP) principle and applications to Geosphere-Biosphere couplings. Written by leading researchers from a wide range of backgrounds, the book presents a first coherent account of an emerging field at the interface of thermodynamics, geophysics and life sciences.
Book Synopsis Beyond Individual Choice by : Michael Bacharach
Download or read book Beyond Individual Choice written by Michael Bacharach and published by Princeton University Press. This book was released on 2006-05-07 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ch. 1.The hi-lo paradox --Ch. 2.Groups --Ch. 3.The evolution of group action --Ch. 4.Team thinking.
Book Synopsis Entropy Beyond the Second Law by : Phil Attard
Download or read book Entropy Beyond the Second Law written by Phil Attard and published by IOP Publishing Limited. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a coherent formulation of all aspects of thermodynamics and statistical mechanics with entropy as the unifying theme. By consolidating these approaches into a coherent and self-contained framework, it is intended to improve the understanding of this fundamental and fascinating area of physics.
Download or read book General Equilibrium Theory written by and published by . This book was released on 2008 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Equilibrium Theory by : Fouad Sabry
Download or read book General Equilibrium Theory written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-03-26 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is General Equilibrium Theory In economics, the general equilibrium theory seeks to explain the behavior of supply, demand, and prices in a whole economy that contains several or many markets that interact with one another. This is accomplished by attempting to demonstrate that the interaction of demand and supply will result in an overall general equilibrium. The theory of general equilibrium stands in contrast to the theory of partial equilibrium, which performs an analysis of a particular component of an economy while maintaining the status quo for all other aspects of the economy. Constant influences are deemed to be noneconomic, or, to put it another way, thought to be beyond the scope of economic study, when the economy is described as being in general equilibrium. The noneconomic impacts, on the other hand, are subject to change in response to changes in the economic factors; hence, the accuracy of the forecast made by an equilibrium model may be contingent on the independence of the economic components from the noneconomic ones. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: General equilibrium theory Chapter 2: Neoclassical economics Chapter 3: Perfect competition Chapter 4: Léon Walras Chapter 5: Welfare economics Chapter 6: Gérard Debreu Chapter 7: Edgeworth box Chapter 8: Arrow-Debreu model Chapter 9: Fundamental theorems of welfare economics Chapter 10: Walrasian auction Chapter 11: Walras's law Chapter 12: David Cass Chapter 13: Sonnenschein-Mantel-Debreu theorem Chapter 14: Lionel W. McKenzie Chapter 15: Competitive equilibrium Chapter 16: Mathematical economics Chapter 17: Roy Radner Chapter 18: Jacques Drèze Chapter 19: Disequilibrium macroeconomics Chapter 20: Excess demand function Chapter 21: Abstract economy (II) Answering the public top questions about general equilibrium theory. (III) Real world examples for the usage of general equilibrium theory in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of General Equilibrium Theory.
Book Synopsis Post Walrasian Macroeconomics by : David Colander
Download or read book Post Walrasian Macroeconomics written by David Colander and published by Cambridge University Press. This book was released on 2006-07-17 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.
Book Synopsis Quantal Response Equilibrium by : Jacob K. Goeree
Download or read book Quantal Response Equilibrium written by Jacob K. Goeree and published by Princeton University Press. This book was released on 2016-06-28 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory into a more realistic and useful framework with broad applications for economics, political science, management, and other social sciences. Quantal Response Equilibrium spans the range from basic theoretical foundations to examples of how the principles yield useful predictions and insights in strategic settings, including voting, bargaining, auctions, public goods provision, and more. The approach provides a natural framework for estimating the effects of behavioral factors like altruism, reciprocity, risk aversion, judgment fallacies, and impatience. New theoretical results push the frontiers of models that include heterogeneity, learning, and well-specified behavioral modifications of rational choice and rational expectations. The empirical relevance of the theory is enhanced by discussion of data from controlled laboratory experiments, along with a detailed users' guide for estimation techniques. Quantal Response Equilibrium makes pioneering game-theoretic methods and interdisciplinary applications available to a wide audience.
Book Synopsis Foundations of the Theory of General Equilibrium by : Yves Balasko
Download or read book Foundations of the Theory of General Equilibrium written by Yves Balasko and published by World Scientific. This book was released on 2016-05-11 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic theory of general equilibrium underpins the most important models used in economic theory in general and in its more specialized areas such as macroeconomics, international trade, environmental economics, growth theory, and developmental economics. In Foundations of the Theory of General Equilibrium, leading academic scholar, Yves Balasko offers a good introduction to the economic theory of general equilibrium and makes use of various mathematical tools as intuitive and easy as possible. The second half of the book addresses properties of the general equilibrium model that are still at the frontier of current research. These properties deal with the characterization of economies with a unique equilibrium and, more generally, with the relationships between the number of equilibria and the fundamentals of an economy. Contents:The Exchange ModelA Simple Linear Version of the Exchange ModelThe Exchange Model with Two Goods and Two ConsumersConsumer TheoryThe Equilibrium ManifoldThe Natural ProjectionEquilibrium Analysis for Fixed Total ResourcesThe Natural Projection and Envelope TheoryA Duality TheorySeveral Extensions of the General Equilibrium Model Readership: Graduate students in mathematics who want to specialize in economics and mathematical economics; researchers and professionals who will find in this book a detailed account of some of the most current developments of a difficult but essential theory.
