[PDF] New Essays On Paretos Economic Theory eBook

Author : Luigino Bruni
Publisher : Routledge
Page : 299 pages
File Size : 24,99 MB
Release : 2009-05-07
Category : Business & Economics
ISBN : 1134105177

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Pareto's Manual of Political Economy, first published in 1905, introduced the analytical approach which has characterised a significant part of twentieth century economic theory. In particular, the Manual examined the ordinal representation of the individual choice, the issue of the general economic equilibrium and the Pareto optimality criterion for evaluating economic efficiency. The Manual also contained analyses of production, non-linear prices, non-competitive markets and the competition process, which have not yet been fully developed in modern mainstream economics. Based on Pareto’s groundbreaking ‘Manuale di Economia Politica’, this edited collection brings together a selection of essays from some of the most authoritative scholars of Pareto, who discuss the relevance of Pareto’s economics in the context of the present theoretical debate.

Author : John Cunningham Wood
Publisher : Taylor & Francis
Page : 504 pages
File Size : 38,74 MB
Release : 1999
Category : Business & Economics
ISBN : 9780415185011

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The articles reprinted here cover pure economic theory, political economy (including sociological studies), Pareto's law of income distribution and miscellaneous matters, and give a general overview of the man and his contributions.

Author : Alessandro Citanna
Publisher : Springer Science & Business Media
Page : 278 pages
File Size : 29,64 MB
Release : 2006-01-11
Category : Business & Economics
ISBN : 3540271929

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In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.

Author : Rudolf Richter
Publisher : Springer
Page : 217 pages
File Size : 23,19 MB
Release : 2015-04-29
Category : Business & Economics
ISBN : 3319141546

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This collection of essays comprises some of Rudolf Richter’s important contributions to research on New Institutional Economics (NIE). It deals with the central idea, principles, and methodology of New Institutional Economics and explores its relation to sociology and law. Other chapters examine applications of NIE to various microeconomic and macroeconomic issues in the face of uncertainty, from entrepreneurship to the euro crisis.

Author : Joseph V. Femia
Publisher : Routledge
Page : 349 pages
File Size : 27,37 MB
Release : 2016-02-11
Category : Social Science
ISBN : 1317001869

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This collection examines the work of the Italian economist and social theorist Vilfredo Pareto, highlighting the extraordinary scope of his thought, which covers a vast range of academic disciplines. The volume underlines the enduring and contemporary relevance of Pareto's ideas on a bewildering variety of topics; while illuminating his attempt to unite different disciplines, such as history and sociology, in his quest for a 'holistic' understanding of society. Bringing together the world's leading experts on Pareto, this collection will be of interest to scholars working in the fields of sociology and social psychology, monetary theory and risk analysis, philosophy and intellectual history, and political science and rhetoric.

Author : Ivan Moscati
Publisher :
Page : 345 pages
File Size : 41,50 MB
Release : 2019
Category : Business & Economics
ISBN : 0199372764

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Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.

Author : Gilles Jacoud
Publisher : Routledge
Page : 289 pages
File Size : 49,68 MB
Release : 2013-01-17
Category : Business & Economics
ISBN : 1135117985

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The aim of this work is to make available to English-language readers a translation of Jean-Baptiste Say’s main texts on money and banking which were not at present accessible in English. The work includes chapters from his books taking into account the variants between the different editions, articles and hitherto unpublished manuscripts. Comprehension of these different texts is facilitated by an introduction designed to place them in their context and by a chronological table giving the main events of Say’s life and editorial activity in parallel with the main political, economic and monetary events of the time.

Author : Ragnar Frisch
Publisher : Routledge
Page : 226 pages
File Size : 36,40 MB
Release : 2013-03-01
Category : Business & Economics
ISBN : 1136927840

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This book contains a set of notes prepared by Ragnar Frisch for a lecture series that he delivered at Yale University in 1930. The lecture notes provide not only a valuable source document for the history of econometrics, but also a more systematic introduction to some of Frisch’s key methodological ideas than his other works so far published in various media for the econometrics community. In particular, these notes contain a number of prescient ideas precursory to some of the most important notions developed in econometrics during the 1970s and 1980s More remarkably, Frisch demonstrated a deep understanding of what econometric or statistical analysis could achieve under the situation where there lacked known correct theoretical models. This volume has been rigorously edited and comes with an introductory essay from Olav Bjerkholt and Duo Qin placing the notes in their historical context.

Author : Michael McLure
Publisher : Routledge
Page : 245 pages
File Size : 45,46 MB
Release : 2002-06-01
Category : Business & Economics
ISBN : 113457844X

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Vilfredo Pareto was one of the great systems theorists of the twentieth century, embracing economics, psychology, sociology and politics. In this important work, Michael McLure takes as his subject of study the rapport between Pareto's economic and sociological theory, and consequently, illuminates the role of economics in public policy development.

Author : François Allisson
Publisher : Routledge
Page : 202 pages
File Size : 15,7 MB
Release : 2015-05-15
Category : Business & Economics
ISBN : 131755745X

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This book explores Russian synthesis that occurred in Russian economic thought between 1890 and 1920. This includes all the attempts at synthesis between classical political economy and marginalism; the labour theory of value and marginal utility; and value and prices. The various ways in which Russian economists have approached these issues have generally been addressed in a piecemeal fashion in history of economic thought literature. This book returns to the primary sources in the Russian language, translating many into English for the first time, and offers the first comprehensive history of the Russian synthesis. The book first examines the origins of the Russian synthesis by determining the condition of reception in Russia of the various theories of value involved: the classical theories of value of Ricardo and Marx on one side; the marginalist theories of prices of Menger, Walras and Jevons on the other. It then reconstructs the three generations of the Russian synthesis: the first (Tugan-Baranovsky), the second, the mathematicians (Dmitriev, Bortkiewicz, Shaposhnikov, Slutsky, etc.) and the last (Yurovsky), with an emphasis on Tugan-Baranovsky’s initial impetus. This volume is suitable for those studying economic theory and philosophy as well as those interested in the history of economic thought.