First Edition, British issue (Oliver & Boyd stamping on binding, with O & B dust jacket) xii, 452 pp. Original cloth. Signature of former owner (the mathematician George Phillip Barker, who with Hans Schneider co-authored Matrices and Linear Algebra, 1st ed., 1968, Dover reprint, 1989) on flyleaf, else Near Fine, in near fine dust jacket (unclipped). Mathematical Economics Texts 6. ISBN for American edition: 0444854975. 'By using new mathematical techniques [in their famous 1954 paper], Arrow and Debreu discovered that the existence of multi-market equilibrium under conditions of perfect competition requires forward markets in all goods and services . This finding threw doubt on the practical significance of general equilibrium theory and much of Arrow's work was concerned to demonstrate that general equilibrium theory was nevertheless 'robust', that is, of relevance even to economies with missing forward markets. This is the burden of a later book, General Competitive Analysis, co-authored with Frank Hahn' (Mark Blaug, Great Economists Since Keynes, pp. 7-8).

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Bibliographic Details

Title: General Competitive Analysis.
Publisher: San Francisco: Holden-Day/ Edinburgh: Oliver & Boyd, 1971.
Publication Date: 1971
Language: English
ISBN 10: 0816202753
ISBN 13: 9780816202751
Binding: Hardcover
Edition: 1st Edition
Condition: Fine
Dust Jacket Condition: Fine

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Book by Kenneth J. Arrow, Frank H. Hahn

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I specialize in modern books on economics, science and philosophy, with an additional emphasis on scholarly books of all kinds.

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