Economics of Markets: Neoclassical Theory, Experiments, and Theory of Classical Price Discovery

Author:   Sabiou M. Inoua ,  Vernon L. Smith
Publisher:   Springer International Publishing AG
Edition:   1st ed. 2022
ISBN:  

9783031084270


Pages:   189
Publication Date:   28 November 2022
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Economics of Markets: Neoclassical Theory, Experiments, and Theory of Classical Price Discovery


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Author:   Sabiou M. Inoua ,  Vernon L. Smith
Publisher:   Springer International Publishing AG
Imprint:   Palgrave Macmillan
Edition:   1st ed. 2022
Weight:   0.397kg
ISBN:  

9783031084270


ISBN 10:   3031084276
Pages:   189
Publication Date:   28 November 2022
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter 1.  Introduction.- Chapter 2.  Rediscovering Classical Economics in the Laboratory.- Chapter 3.  Price Formation: Overview of the Theory.- Chapter 4.  Price Formation: Partial Equilibrium.- Chapter 5.  Price Formation: General Equilibrium.- Chapter 6.  Financial Instability: Re-tradable Assets and Speculation.

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Author Information

Sabiou M. Inoua is a visiting research associate at the Economic Science Institute at Chapman University. His primary research now pertains to value theory and its intellectual history; his other research interests include the stylized facts of financial markets, the link between economic complexity and economic development, and the theory of inequality measurement. Dr. Vernon L. Smith received the Nobel Prize in Economic Sciences in 2002 for his groundbreaking work in experimental economics. Dr. Smith has joint appointments with the Argyros School of Business & Economics and the School of Law, and is part of the team that has created the new Economic Science Institute at Chapman University. He is also a cofounder of The Smith Institute for Political Economy and Philosophy which has been established to create the Humanomics undergraduate research and education program at Chapman University.  

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