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9780521378567
Disequilibrium Foundations of Equilibrium Economics (Econometric Society Monographs)
by Franklin M. Fisher
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- ISBN-13: 9780521378567
- ISBN: 0521378567
- Edition: Reprint
- Publication Date: 1989
- Publisher: Cambridge University Press
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SUMMARY
The most common mode of analysis in economic theory is to assume equilibrium. Yet, without a proper theory of how economies behave in disequilibrium, there is no foundation for such a practice. A review of the existing literature on the stability of general equilibrium is followed by the proposal of a more satisfactory general model for analysis.Franklin M. Fisher is the author of 'Disequilibrium Foundations of Equilibrium Economics (Econometric Society Monographs)', published 1989 under ISBN 9780521378567 and ISBN 0521378567.
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