| The Core Theory in Economics: Problems and Solutions Contributor(s): Telser, Lester (Author) |
|
 |
ISBN: 0415701449 ISBN-13: 9780415701440 Publisher: Routledge OUR PRICE: $161.50 Product Type: Hardcover - Other Formats Published: September 2006 Annotation: "The Core Theory in Economics" illustrates the various arenas in which Core Theory can be applied, including; the working of markets, applications to the gold standard that illuminate Hume's quantity theory of money, supply responses requiring solutions of combinatorial problems, successful deregulations of markets and game theory. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Microeconomics - Political Science | Political Economy |
| Dewey: 330.01 |
| LCCN: 2005057521 |
| Series: Routledge Frontiers of Political Economy |
| Physical Information: 1.1" H x 6.4" W x 9.32" (1.36 lbs) 368 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: An important tenet of game theory, core theory has nonetheless been all but ignored by the mainstream. Its basic premise is that individuals band together in order to promote their interests as much as possible. The return to an individual depends on competition among various coalitions for its membership, and a group of people can obtain a joint maximum by suitable coordinated actions. In this key title, Lester Telser investigates the following issues:
Through these distinct sections, Telser skilfully brings the ideas of core theory to bear on a range of issues within economics - with particular emphasis on supply and demand and the way markets function. |