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The Equilibrium Manifold: Postmodern Developments in the Theory of General Economic Equilibrium (Arne Ryde Memorial Lectures) Hardcover – April 17, 2009

ISBN-13: 978-0262026543 ISBN-10: 0262026546 Edition: 1st
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Editorial Reviews

Review

"Balasko's book is a very clear presentation of some latest results in general equilibrium theory. The notion of equilibrium manifold is introduced in order to examine a wide spectrum of properties of equilibria, not only properties connected to comparative statics. Many important subjects are deeply analyzed, such as price-dependent utility functions, out-of-equilibrium price dynamics, economic fluctuations, and temporary equilibrium."--Aldo Montesano, Department of Economics, Bocconi University, Italy

(Aldo Montesano)

"The Equilibrium Manifold is a must read -- and a delightful read! -- for anyone interested in contemporary general equilibrium theory, which is essentially the analysis of the equations of supply and demand. Yves Balasko is the master of his subject. No one has contributed more to our current understanding of the equilibrium manifold than Balasko." --Karl Shell, Thorne Professor of Economics, Cornell University and Editor, Journal of Economic Theory

(Karl Shell)

"This book will be a 'must have' addition to Balasko's earlier book, Foundations of the Theory of General Equilibrium, and for anyone doing research in general equilibrium. The new book extends the smooth economies techniques to the global setting and provides important new results on short-run and long-run general equilibrium dynamics."--Stephen E. Spear, Professor of Economics, Tepper School of Business, Carnegie Mellon University

(Stephen Spear)

"Balasko's book is a very clear presentation of some of the latest results in general equilibrium theory. The notion of equilibrium manifold is introduced in order to examine a wide spectrum of properties of equilibria, not only properties connected to comparative statics. Many important subjects are deeply analyzed, such as price-dependent utility functions, out-of-equilibrium price dynamics, economic fluctuations, and temporary equilibrium."Aldo Montesano , Department of Economics, Bocconi University, Italy



" The Equilibrium Manifold is a must read -- and a delightful read! -- for anyone interested in contemporary general equilibrium theory, which is essentially the analysis of the equations of supply and demand. Yves Balasko is the master of his subject. No one has contributed more to our current understanding of the equilibrium manifold than Balasko." Karl Shell , Thorne Professor of Economics, Cornell University, and editor, Journal of Economic Theory



"This book will be a 'must-have' addition to Balasko's earlier book, Foundations of the Theory of General Equilibrium, and for anyone doing research in general equilibrium. The new book extends the smooth economies techniques to the global setting and provides important new results on short-run and long-run general equilibrium dynamics." Stephen E. Spear , Professor of Economics, Tepper School of Business, Carnegie Mellon University

About the Author

Yves Balasko is Professor of Economics at the University of York. He is the author of Foundations of the Theory of General Equilibrium and numerous articles on the theory of general equilibrium.
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More About the Author

Yves Balasko was born in August 9, 1945 in Paris, France. After studying mathematics at Ecole Normale Superieure, Paris, his interests switched to economic theory. He then went for six years at Electricite de France where he was involved in the application of the theory of marginal cost pricing to electricity pricing. While at Electricite de France, he proved his first results on the structure of the equilibrium manifold in the theory of general equilibrium. After completing his dissertation on the "Economic equilibrium from the differential point of view," he joined the Universities of Paris XII, Paris I, and Geneva. He is currently working at The University of York.


In economic theory, Balasko has worked on general equilibrium theory, the overlapping-generations model, the theory of incomplete asset markets and the theory of sunspot equilibria.


He is a Fellow of the Econometric Society since 1980.

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The Equilibrium Manifold: Postmodern Developments in the Theory of General Economic Equilibrium (Arne Ryde Memorial Lectures)
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