Capital theory is a cornerstone of modern economics. Its ideas are fundamental for dynamic equilibrium theory and its concepts are applied in many branches of economics like game theory, resource and environmental economics, although this may not be recognized on a first glance.
Produktinformation
Utgivningsdatum2010-12-04
Mått155 x 235 x 17 mm
Vikt464 g
FormatHäftad
SpråkEngelska
Antal sidor293
FörlagSpringer-Verlag Berlin and Heidelberg GmbH & Co. KG
1 Introduction and Motivation.- 2 Basic Concepts.- 3 A Neo-Austrian Approach: Basic Concepts.- 4 Neo-Austrian Concepts in a Multisector-Multiperiod Framework.- 5 The Open-Endedness of the Future: Motivation, Arguments, Framework.- 6 Steady State Economies.- 7 Prices in an Open-ended World.- 8 The Open-Endedness of Time and Efficiency Prices: Sufficient and Necessary Conditions.- 9 Overlapping Generations, Superiority of Roundaboutness and Pareto-Efficiency.- 10 Incomplete Markets: A Neo-Austrian Theory of Computable General Equilibrium Models.- 11 Incomplete Markets and Computable Equilibria: A Numerical Illustration.- References.- Author Index.