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General Equilibrium and Welfare

  • Pablo Coto-Millán

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages I-VIII
  2. Pablo Coto-Millán
    Pages 1-3
  3. Pablo Coto-Millán
    Pages 5-35
  4. Pablo Coto-Millán
    Pages 37-48
  5. Pablo Coto-Millán
    Pages 61-94
  6. Pablo Coto-Millán
    Pages 95-164
  7. Back Matter
    Pages 177-177

About this book

Introduction

In this book the reader is provided with an overview of the most interesting ideas in Competitive General Equilibrium Theory as well as Welfare Economy. In doing so, the author adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined. By using theorems of fixed point, revealed preference and local and global stability, the author proves the existence of unicity and stability. Furthermore, he analyses those situations where the competitive system does not allocate resources efficiently. In this sense, he examines allocation problems in regard to property rights, information problems and choice and negotiation problems. Finally, the text includes a chapter that presents a topical guide of questions related to Social Choice.

Keywords

Competitive General Equilibrium Theory General Equilibrium and Welfare Welfare Econoics general equilibrium theory microeconomics production utility

Authors and affiliations

  • Pablo Coto-Millán
    • 1
  1. 1.Department of EconomicsUniversity of CantabriaSantanderSpain

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-50009-1
  • Copyright Information Physica-Verlag Heidelberg 2002
  • Publisher Name Physica, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-7908-1491-0
  • Online ISBN 978-3-642-50009-1
  • Series Print ISSN 1431-1933
  • Buy this book on publisher's site