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Introduction into Capital Theory

von Gunter Stephan
Softcover - 9783642082160
53,49 €
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Beschreibung

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. In this monograph, an approach is presented, which allows to derive important results of capital theory in a coherent and readily accessible framework. A special emphasis is given on infinite horizon and overlapping generations economics. Irreversibility of time, or the failure of the market system appear in a different light if an infinite horizon framework is applied. To bridge the gap between pure and applied economic theory, the structure of our theoretical approach is integrated in a computable general equilibrium model.

A Neo-Austrian Perspective

A Neo-Austrian Perspective

Details

Verlag Springer Berlin
Ersterscheinung 04. Dezember 2010
Maße 23.5 cm x 15.5 cm
Gewicht 464 Gramm
Format Softcover
ISBN-13 9783642082160
Auflage Softcover reprint of hardcover 1st edition 1995
Seiten 293

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