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Synopsis
One of the problems in economics that economists have devoted a considerable amount of attention in prevalent years has been to ensure consistency in the models they employ. Assuming markets to be generally in some state of equilibrium, it is asked under what circumstances such equilibrium is possible. The fundamental mathematical tools used to address this concern are fixed point theorems: the conditions under which sets of assumptions have a solution. This book gives the reader access to the mathematical techniques involved and goes on to apply fixed point theorems to proving the existence of equilibria for economics and for co-operative and noncooperative games. Special emphasis is given to economics and games in cases where the preferences of agents may not be transitive. The author presents topical proofs of old results in order to further clarify the results. He also proposes fresh results, notably in the last chapter, that refer to the core of a game without transitivity. This book will be useful as a text or reference work for mathematical economists and graduate and advanced undergraduate students.
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Book Description
An introduction to fixed point theory, a body of mathematical techniques for proposing conditions under which sets of assumptions (underlying economic models) have solutions.
Review
"The book cleanly separates the mathematical theory from the economic applications. Mathematicians, as well as economists, will value this book as a basic, helpful handbook on finite-dimensional fixed-point theorems." Joel Franklin, SIAM Review
"Perhaps the book's greatest strength is that the level of mathematical sophistication it requires is uniform throughout." Timothy J. Kehoe, Journal of Economic Literature
"The organization of the material is novel and interesting and should make the book a useful reference work and perhaps a textbook for a rigorous class on static equilibrium theory of finite competitive economics." Erwin Klein, Mathematical Reviews
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- PublisherCambridge University Press
- Publication date1985
- ISBN 10 0521265649
- ISBN 13 9780521265645
- BindingHardcover
- LanguageEnglish
- Number of pages140
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International Edition
Fixed Point Theorems With Applications to Economics and Game Theory
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West Nyack, New York, U.S.A.: Cambridge Univ Pr, 1985
ISBN 10: 0521265649
ISBN 13: 9780521265645
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Soft cover. Condition: New. Dust Jacket Condition: New. 1st Edition. **INTERNATIONAL EDITION** Read carefully before purchase: This book is the international edition in mint condition with the different ISBN and book cover design, the major content is printed in full English as same as the original North American edition. The book printed in black and white, generally send in twenty-four hours after the order confirmed. All shipments contain tracking numbers. Great professional textbook selling experience and expedite shipping service. Seller Inventory # ABE-8054275534
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Fixed Point Theorems with Applications to Economics and Game Theory
Published by
Cambridge University Press, 1985
ISBN 10: 0521265649
ISBN 13: 9780521265645
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Fixed Point Theorems with Applications to Economics and Game Theory
Published by
Cambridge University Press, 1985
ISBN 10: 0521265649
ISBN 13: 9780521265645
Used
Hardcover
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Seller rating 4 out of 5 stars
hardcover. Condition: Very Good. Very Good. book. Seller Inventory # D8S0-3-M-0521265649-3
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