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1、GENERALEQUILIBRIUMTHEORYSecondEditionGeneralEquilibriumTheory:AnIntroductionpresentsthemathematicaleconomictheoryofpricedeterminationandresourceallocationfromelementarytoadvancedlevels,suitableforadvancedundergraduatesandgraduatestudentsofeconomics.ThisArrow-Debreumodel(knownfortwoofitsmostprominen
2、tfounders,bothNobelLaureates)isthebasisofmodernpricetheoryandofawiderangeofappli-cations.Thetextstartswithelementarymodels:RobinsonCrusoe,theEdgeworthBox,andatwo-commoditytwo-householdtwo-firmmodel.Itgivesabriefintro-ductiontothemathematicsusedinthefield(continuity,convexity,separationtheo-rems,Brouw
3、erfixed-pointtheorem,point-to-setmappings,andShapley-Folkmantheorem).Itthenpresentsthemathematicalgeneralequilibriummodelinprogres-sivelymoregeneralsettings,includingpoint-valued,set-valued,andnonconvexset-valueddemandandsupply.Existenceofgeneralequilibrium,fundamentalthe-oremsofwelfareeconomics,cor
4、econvergence,andfuturesmarketswithtimeanduncertaintyaretreatedfully.Thisneweditionupdatesthediscussionthroughoutandexpandsthenumberandvarietyofexercises.Itoffersarevisedandextendedtreatmentofcoreconvergence,includingthecaseofnonconvexpreferences,andintroducestheinvestigationofapproximateequilibrium
5、withU-shapedcostcurvesandnonconvexpreferences.RossM.StarrisProfessorofEconomicsattheUniversityofCalifornia,SanDiego,wherehehastaughtsince1980.HehasalsoservedonthefacultiesofYaleUni-versity,theLondonSchoolofEconomics,andtheUniversityofCalifornia,Davis,andheheldaGuggenheimFellowshipattheUniversityofC
6、alifornia,Berkeley.ProfessorStarr’sresearchfocusesongeneralequilibriumtheory,mathematicaleconomics,andmonetarytheory.HeistheeditorofGeneralEquilibriumModelsofMonetaryEconomies(1989)andcoeditorofthethree-volumeEssaysinHonorofKennethArrow(CambridgeUniversityPress,1986).Hisarticleshaveappearedinjourna
7、lssuchasEconometrica;EconomicTheory;JournalofEconomicThe-ory;JournalofMoney,Credit,andBanking;QuarterlyJournalofEconomics;andReviewofEconomicStudies.CambridgeUniversityPresspublishedthefirsteditionofGeneralE
