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Historical Introduction. Market Equilibrium: A First Approach. Production Decisions and the Boundedness of the Economy. Consumer Decisions and Efficient Allocations. The Existence of Competitive Equilibrium. General Equilibrium under Alternative Assumptions. Markets with Non-Convex Preferences. The Core of a Market Economy. The Uniqueness of Competitive Equilibrium. Comparing Equilibria. Introduction to Stability Analysis. Stability with Recontracting. Trading out of Equilibrium: A Pure Exchange Economy. The Keynesian Model. Mathematical Appendix A: Positive Matrices. Mathematical Appendix B: Convex and Related Sets. Mathematical Appendix C: Fixed Point Theorems and Related Combinatorial Algorithms. Indexes.
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Steven Uchtenhagen
reviewed General Competitive Analysis on December 18, 2012
General Competitive Analysis
Have you encountered one of those books where the authors convey one idea so clearly at the beginning that the rest of book is an overkill? This is one of those books. The idea is simple: significance tests are dangerous and useless, essentially because they do not actually measure anything; they only tell you if the result you obtained is random or not. In science, measurement is very important to make decisions; thus, they advocate the use of effect sizes and confidence intervals, instead of significant tests.
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