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portada Herbert Scarf's Contributions to Economics, Game Theory and Operations Research, Volume 3: Production in Indivisibilities: A Contribution to the Theor (en Inglés)
Formato
Libro Físico
Editorial
Año
2013
Idioma
Inglés
N° páginas
292
Encuadernación
Tapa Dura
ISBN13
9781137024404
N° edición
2013
Categorías

Herbert Scarf's Contributions to Economics, Game Theory and Operations Research, Volume 3: Production in Indivisibilities: A Contribution to the Theor (en Inglés)

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Reseña del libro "Herbert Scarf's Contributions to Economics, Game Theory and Operations Research, Volume 3: Production in Indivisibilities: A Contribution to the Theor (en Inglés)"

Herbert Scarf is a highly esteemed distinguished American economist. He is internationally famous for his early epoch-making work on optimal inventory policies and his highly influential study with Andrew Clark on optimal policies for a multi-echelon inventory problem, which initiated the important and flourishing field of supply chain management. Equally, he has gained world recognition for his classic study on the stability of the Walrasian price adjustment processes and his fundamental analysis on the relationship between the core and the set of competitive equilibria (the so-called Edgeworth conjecture). Further achievements include his remarkable sufficient condition for the existence of a core in non-transferable utility games and general exchange economies, his seminal paper with Lloyd Shapley on housing markets, and his pioneering study on increasing returns and models of production in the presence of indivisibilities. All in all, however, the name of Scarf is always remembered as a synonym for the computation of economic equilibria and fixed points. In the early 1960s he invented a path-breaking technique for computing equilibrium prices.This work has generated a major research field in economics termed Applied General Equilibrium Analysis and a corresponding area in operations research known as Simplicial Fixed Point Methods. This book comprises all his research articles and consists of four volumes. The volume collects Herbert Scarfs papers in the area of Production in Indivisibilities and the Theories of Large Firms.

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