Issues in Contemporary Economics

Volume 1: Markets and Welfare

  • Editors
  • Kenneth J. Arrow

Part of the International Economic Association Series book series (IEA)

Table of contents

  1. Front Matter
    Pages i-xxv
  2. The Plenary Papers

  3. Markets in Equilibrium

  4. Welfare and Social Choice

About this book


This book, with an overview introduction by Kenneth J.Arrow, is the first volume of the proceedings of the World Economic Congress held in Athens, Greece, in August/September 1989 under the auspices of the International Economic Association. It contains in Part 1 lectures from the plenary session by distinguished world economists. Part 2 contains surveys and reflections on various aspects of markets in equilibrium. Part 3 is concerned with normative criteria for economic policy within the framework of welfare and social choice theory.


competition economic policy economic theory foundation general equilibrium incomplete markets inequality information integration International Economic Relations microeconomics regulation science and technology social choice welfare

Bibliographic information