Theory of Linear Economic Models

David Gale

ISBN 10: 0070227284 / ISBN 13: 9780070227286

Published by McGraw-Hill, 1960

Readable copy. Pages may have considerable notes/highlighting. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G0070227284I5N00

Synopsis:

In the past few decades, methods of linear algebra have become central to economic analysis, replacing older tools such as the calculus. David Gale has provided the first complete and lucid treatment of important topics in mathematical economics which can be analyzed by linear models. This self-contained work requires few mathematical prerequisites and provides all necessary groundwork in the first few chapters. After introducing basic geometric concepts of vectors and vector spaces, Gale proceeds to give the main theorems on linear inequalitiesâ theorems underpinning the theory of games, linear programming, and the Neumann model of growth. He then explores such subjects as linear programming; the theory of two-person games; static and dynamic theories of linear exchange models, including problems of equilibrium prices and dynamic stability; and methods of play, optimal strategies, and solutions of matrix games. This book should prove an invaluable reference source and text for mathematicians, engineers, economists, and those in many related areas.

About the Author: David Gale is professor of mathematics, economics, and operations research at the University of California at Berkeley. He has been a Fulbright Research Scholar and a Guggenheim fellow, and since 1955 has served as a consultant to the Rand Corporation.

Bibliographic Details

Title: Theory of Linear Economic Models
Publisher: McGraw-Hill
Publication Date: 1960
Binding: Hardcover
Condition: Fair
Dust Jacket Condition: No Jacket