Theory of Value: An Axiomatic Analysis of Economic Equilibrium (Cowles Foundation Monographs Series),New
Theory of Value: An Axiomatic Analysis of Economic Equilibrium (Cowles Foundation Monographs Series),New
Theory of Value: An Axiomatic Analysis of Economic Equilibrium (Cowles Foundation Monographs Series),New

Theory of Value: An Axiomatic Analysis of Economic Equilibrium (Cowles Foundation Monographs Series),New

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[This] beautiful and austere book . . . [is] an important landmark of economic theory.'F.H. Hahn, Journal of Political Economy'An immortal classic of twentieth century economics. Every economist should own a copy.'Robert Lucas, University of ChicagoTheory of Value offers a rigorous, axiomatic, and formal analysis of producer behavior, consumer behavior, general equilibrium, and the optimality of the market mechanism for resource allocation.

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Frequently Asked Questions

  • Q: What is the main topic of 'Theory of Value'? A: 'Theory of Value' provides a rigorous, axiomatic analysis of economic equilibrium, focusing on producer behavior, consumer behavior, and resource allocation.
  • Q: Who is the author of this book? A: The author of 'Theory of Value' is Gerard Debreu, a renowned economist recognized for his contributions to economic theory.
  • Q: When was 'Theory of Value' published? A: 'Theory of Value' was published on September 10, 1972.
  • Q: What is the condition of the book? A: The book is brand new, ensuring that readers receive a pristine copy.
  • Q: What is the binding type of this book? A: 'Theory of Value' is available in paperback binding, making it a lightweight and portable option for readers.
  • Q: How many pages does 'Theory of Value' have? A: The book contains 128 pages, providing a concise yet comprehensive overview of its topics.
  • Q: What category does this book fall under? A: 'Theory of Value' is categorized under 'Theory', making it suitable for those interested in economic theories and principles.
  • Q: Are there any notable reviews for this book? A: Yes, notable reviews include praise for its importance in economic theory, with references from respected economists like F.H. Hahn and Robert Lucas.
  • Q: What are the key features of this book? A: The key features of 'Theory of Value' include its formal analysis of economic concepts and its status as a foundational text in economic theory.
  • Q: Is this book suitable for beginners in economics? A: While 'Theory of Value' is a classic work, it is more suited for readers with a background in economics due to its rigorous and formal approach.