9780691041896

Book Description: Princeton: Princeton University Press, 1974., 1974. Hardcover. Book Condition: Near Fine. Dust Jacket Condition: Near Fine. 1st Edition. viii, 251 pp. Original cloth. Near Fine, in near fine dust jacket. Princeton Studies in Mathematical Economics 5. 'In his influential monograph, Core and Equilibria of a Large Economy (1974), Werner Hildenbrand provided a thorough study of the core of an exchange economy, in which the players were the consumers. He also introduced the idea of the core of an economy with production, again with the consumers as the players, who could also form coalitions for the purpose of production' (Roy Radner, 'On the Core of a Cartel', in Gérard Debreu, Wilhelm Neuefeind, Walter Trockel, eds., Economics Essays: A Festschrift for Werner Hildenbrand, Springer, 2001). 'In the work on GE analysis that he did first (1965-73), his main mathematical tool is measure theory, to which he devotes, in the first part of his Core and Equilibria of a Large Economy, forty pages (half the number of pages he allocates to pure mathematics in Part I, the mathematical introduction). That part became a major source of references on measure theory for economists' (Debreu, Introduction to Economics Essays., 2001, p. 3). Bookseller Inventory # 19014

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