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020 _a9780300015591
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041 _aeng
082 _a330.155
_bDEB-T
100 _aGerard Debreu
_963969
245 _aTheory of Value: An Axiomatic Analysis of Economic Equilibrium/
_cby Gerard Debreu
260 _bYale University Press,
_c1972.
_aLondon:
300 _a114 p.
505 _aIntroduction The Commodity Space Preferences and Utility Functions Production and Production Sets Market Equilibrium The Existence of an Equilibrium Pareto Optimality and Competitive Equilibria Mathematical Appendix
520 _aTheory of Value by Gerard Debreu is a foundational work in mathematical economics that provides a rigorous, axiomatic framework for understanding economic equilibrium. The book systematically develops the theory of general equilibrium using advanced mathematical techniques, particularly set theory and topology. Debreu formulates and proves the existence of equilibrium in a competitive market by defining individual preferences, production capabilities, and price mechanisms through a set of logical axioms. His work also explores the concepts of Pareto efficiency, market stability, and the role of convexity in economic decision-making. This book is a landmark contribution to economic theory, shaping modern microeconomics and mathematical economics by offering a precise and abstract formulation of value and resource allocation in competitive markets.
650 _aValue (Economics)
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650 _aEquilibrium (Economics)
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650 _a Microeconomics
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650 _aMathematical economics
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650 _aGeneral equilibrium theory
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942 _cBK
999 _c15544
_d15544