A Static Microeconomic Model of Pure Competition

by Christoph Klein

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Format Paperback

Condition Brand New

Description This book studies a large economy. It deals with a static microeconomic model of an exchange market with pure competition. Instead of the sigma-additive theory, the finitely additive theory, the general Jordan content and the general Riemann integration are used respectively. By a specialized probability model, the author obtains a precise interpretation strictly based on microeconomic methods of measurement. In particular, the meaning of an agent and of a coalition is explained and the Core-Walras equivalence is deduced. The author elaborates an elementary representation by broken continuous functions and the classical Riemann integral. A conjecture concerning the reduction of the dynamical case onto generalized differential equations is added.

Publisher Description

The article presented here reflects a scientific work of more than ten years. During this too long period I enjoyed useful discussions with many researchers and scientists. I offer my apologies for being unable to thank every single one of them here explicitly. Valuable hints of Dr.A.Klodt, Prof.Z.Lipecki, and Prof.B.Peleg improved the work. The help- ful conversations with and the hospitality of Prof.T.E.Armstrong and Prof.M.K.Richter are gratefully acknowledged. The instructions in macro- economics by Prof.G.Gabisch were very helpful for my principal reasoning. I am indebted to my teacher and supervisor Prof.D.Pallaschke, who moti- vated and supported always our research. Especially I have to thank Prof.S.Rolewicz from the Polish Academy of Sciences for the great help and encouragement. The first three chapters of this paper correspond to my Habilita- tionsarbeit submitted to the Faculty of Economics of the University of' Karlsruhe in February 1987. I am indebted to Prof.W.Eichhorn, in particular for his seminars. The effective support by our chairman Prof.R.Henn is gratefully ac- knowledged. I wish to express my gratitude and my admiration to Prof.Dr.h.c. mult.W.Krelle, editor of this scientific series.

Details

  • ISBN 3540193588
  • ISBN-13 9783540193586
  • Title A Static Microeconomic Model of Pure Competition
  • Author Christoph Klein
  • Format Paperback
  • Year 1988
  • Pages 139
  • Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
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