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Item Details
| Title:
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LEON WALRAS: ELEMENTS OF THEORETICAL ECONOMICS
OR THE THEORY OF SOCIAL WEALTH |
| By: |
Leon Walras, Donald A. Walker, Jan Van Daal |
| Format: |
Hardback |
| List price:
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£144.00 |
| Our price: |
£129.60 |
| Discount: |
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| You save:
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£14.40 |
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| ISBN 10: |
1107064139 |
| ISBN 13: |
9781107064133 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
23 October, 2014 |
| Pages: |
588 |
| Description: |
This is an English translation of the third edition (1896) of Leon Walras' Elements of Theoretical Economics. |
| Synopsis: |
In his fourth edition of Elements d'economie politique pure (1900), Leon Walras introduced the device of written pledges to eliminate path dependency: sellers of products and services write out commitments to supply certain quantities at suggested prices with no commodities actually produced and supplied until a set of prices is found at which supply and demand are equal simultaneously in every market. This brought about very serious alterations to the character of the book. Unfortunately, these changes resulted in an incomplete, internally contradictory, and occasionally incoherent text. This translation, therefore, by two leading scholars of Leon Walras' work, Donald Walker and Jan van Daal, revisits the third edition of this seminal work, including Walras' brilliant explanation of his comprehensive model, with all its richness derived from reality. Growing research into Walras' work indicates that it was this third edition that contained his best theoretical research and a translation of this edition of the book is now a necessity. |
| Illustrations: |
47 b/w illus. 4 tables |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Returnable |
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