9780365774235 - Essays in Economics and Econometrics: A Volume in Honor of Harold Hotelling (Classic Reprint) di Pfouts, Ralph W. (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This academic book introduces the reader to the fascinating world of economics and econometrics. The author, an expert in the field with a deep understanding of mathematics, statistics, and economics, provides a thorough examination of the foundational theories and methodologies used in these disciplines. The book begins by establishing the mathematical basis for optimization, examining the structure of minimum equilibrium systems and deriving the necessary and sufficient conditions that any finite set of observations must satisfy if they are to be tenable within a particular theory. The author then explores the theory of utility and demand, investigating external economies in consumption and the relationship between hours of work, savings, and utility functions. Delving into economic dynamics, the book offers a novel defense of destabilizing speculation and analyzes the influence of interest rates on time series of prices. The author also examines the Edgeworth taxation paradox, exploring the counterintuitive phenomena that can arise when taxes are imposed on specific goods. Throughout the book, the author employs a rigorous mathematical approach to elucidate complex economic concepts and theories. By providing a comprehensive and accessible framework for understanding these disciplines, this book is an invaluable resource for students, researchers, and practitioners in economics and econometrics. Its insights offer a deeper comprehension of the intricate interplay between mathematical modeling and economic phenomena, shedding new light on the fundamental principles that govern economic systems. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.