Duality and modern economics:

Dual arguments have become a standard tool for analysis of problems involving optimization by consumers and producers. The principal aim of this book is to provide a fairly systematic yet simple exposition of the basic structure of such arguments. The emphasis is not on providing mathematically gene...

Full description

Saved in:
Bibliographic Details
Main Author: Cornes, Richard 1946- (Author)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 1992
Subjects:
Links:https://doi.org/10.1017/CBO9780511571725
https://doi.org/10.1017/CBO9780511571725
https://doi.org/10.1017/CBO9780511571725
Summary:Dual arguments have become a standard tool for analysis of problems involving optimization by consumers and producers. The principal aim of this book is to provide a fairly systematic yet simple exposition of the basic structure of such arguments. The emphasis is not on providing mathematically general proofs; instead, a geometric approach is used to provide, in an informal way, an intuitive understanding of duality theory. This book introduces the most common alternative ways of representing preferences and technologies, such as indirect utility and distance functions, expenditure and cost functions, and profit and revenue functions. and it discusses the assumptions under which alternative formulations contain precisely the same information. Results such as Roy's identity. the Hotelling-Wold identity, and Shephard's lemma are fully explained. as are their roles in facilitating analysis of behaviour
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 online resource (xii, 290 pages)
ISBN:9780511571725
DOI:10.1017/CBO9780511571725

Order via interlibrary loan Read online (BSB)

Library Card of Bavarian State Library (BSB) necessary.