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Economic Theory Commons

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Full-Text Articles in Economic Theory

Core Size, Pricing, And Cost Structure, William K. Edwards May 1979

Core Size, Pricing, And Cost Structure, William K. Edwards

Economics Theses & Dissertations

This thesis presents a proof of an inverse limit theorem of the core of an economy. The implication of the theorem is that a larger core can be obtained by the formation of coalitions. A large core contains multiple Pareto optimal allocations from which society may select in order to maximize its welfare. Furthermore, this paper places an emphasis on pricing schemes that guarantee a core allocation under increasing returns to scale. Two pricing models are introduced that guarantee a non-empty core under increasing returns to scale.


Income Velocity In The United States, 1961-1968, William F. Kennedy Aug 1970

Income Velocity In The United States, 1961-1968, William F. Kennedy

Economics Theses & Dissertations

No abstract provided.


The Neo-Classical Contributions To The Theory Of International Trade, Mohammed Arifeen Jun 1970

The Neo-Classical Contributions To The Theory Of International Trade, Mohammed Arifeen

Economics Theses & Dissertations

In a dynamic economy some of the most challenging policy problems tend to originate in the realm of international economic relations. In the post World War II period, these problems have been intensified and become more complex. Students of international economics often feel perplexed by numerous divergent and diametric views that well-trained and prudent men frequently offer for the solutions of what appear to be rather simple problems. Lack of understanding of the theoretical framework of international trade is largely responsible for students' puzzlement.

It is the purpose of this thesis to assemble a minimum framework of the theoretical issues …