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Titlebook: General Equilibrium Foundation of Partial Equilibrium Analysis; Takashi Hayashi Book 2017 The Editor(s) (if applicable) and The Author(s)

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樓主
發(fā)表于 2025-3-21 19:36:05 | 只看該作者 |倒序瀏覽 |閱讀模式
書目名稱General Equilibrium Foundation of Partial Equilibrium Analysis
編輯Takashi Hayashi
視頻videohttp://file.papertrans.cn/383/382043/382043.mp4
概述Bridges the gap between general equilibrium and partial equilibrium analysis.Offers a new perspective on applied microeconomics.Exposes the flawed teaching of general and partial equilibrium analysis.
圖書封面Titlebook: General Equilibrium Foundation of Partial Equilibrium Analysis;  Takashi Hayashi Book 2017 The Editor(s) (if applicable) and The Author(s)
描述This book addresses the gaps in undergraduate teaching of partial equilibrium analysis, providing a general equilibrium viewpoint to illustrate the assumptions underlying partial equilibrium welfare analysis. It remains unexplained, at least at the level of general economics teaching, in what sense partial equilibrium analysis is indeed a part of general equilibrium analysis. Partial equilibrium welfare analysis isolates a market for a single commodity from the rest of the economy, presuming that other things remain equal, and measures gains and losses by means of consumer surplus. This is a money metric that is supposed to be summable across individuals, recommending policy that maximizes the social surplus. But what justifies such apparently uni-dimensional practise? Within a general equilibrium framework, the assumption of no income effect is presented as the key condition, and substantive general equilibrium situations in which the condition emerges are presented. The analysis is extended to the case of uncertainty, in which the practice adopts aggregate expected consumer surplus, and scrutinizes when such practice is justified. Finally, the book illustrates partial equilibrium
出版日期Book 2017
關(guān)鍵詞Mechanism design; Imperfect competition; Vives approach; Monopoly; Oligopoly; Cardinal utility; Income; Hic
版次1
doihttps://doi.org/10.1007/978-3-319-56696-2
isbn_softcover978-3-319-85975-0
isbn_ebook978-3-319-56696-2
copyrightThe Editor(s) (if applicable) and The Author(s) 2017
The information of publication is updating

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沙發(fā)
發(fā)表于 2025-3-21 21:31:41 | 只看該作者
Expanding the ,s of Rational-Emotive TherapyPartial equilibrium analysis isolates the objects to allocate, or the decision problem at hand, from the rest of the economy, assuming that ..
板凳
發(fā)表于 2025-3-22 03:24:28 | 只看該作者
Computational Creativity and SystemsHere we briefly review the general equilibrium theory, which is pretty traditional: preference and the concept of ordinal utility, demand, and comparative statics, the definition of Arrow–Debreu equilibrium, Pareto efficiency, and welfare theorems, welfare comparison, and compensation principle, and incomplete asset markets.
地板
發(fā)表于 2025-3-22 07:44:55 | 只看該作者
5#
發(fā)表于 2025-3-22 09:27:43 | 只看該作者
Comment on Bruno S. Frey and Iris BohnetIn the previous chapter, we saw various restrictions on preferences under which income evaluation of economic change provides welfare judgments which are consistent with individual utility maximization and maximization of individualistic social welfare functions.
6#
發(fā)表于 2025-3-22 16:12:13 | 只看該作者
Cognitive Devices as Human Assistants,In order that maximization of consumer surplus is consistent with individual preference maximization, the assumption of no income effect is required. Since this assumption cannot be met in an exact way, it is natural to ask how large is the error in estimating welfare because of that.
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發(fā)表于 2025-3-22 17:24:44 | 只看該作者
8#
發(fā)表于 2025-3-22 22:32:51 | 只看該作者
Bilingualism and Cognitive ArithmeticThe role of (aggregate) expected consumer surplus as an efficiency measure is prominent in many fields which adopt the partial equilibrium framework under uncertainty.
9#
發(fā)表于 2025-3-23 01:38:41 | 只看該作者
Determinants of Interkey Times in Typing,Many of the mechanism design practices are grounded on the partial equilibrium framework.
10#
發(fā)表于 2025-3-23 06:43:12 | 只看該作者
Introduction,Partial equilibrium analysis isolates the objects to allocate, or the decision problem at hand, from the rest of the economy, assuming that ..
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