Equilibrium, Markets and Dynamics

Essays in Honour of Claus Weddepohl

Editors: Hommes, Cars H., Ramer, Roald, Withagen, Cees A. (Eds.)

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About this book

This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi­ librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib­ rium theory as the main theme.

Reviews

From the reviews:

"It is … a special kind of collection, ‘Essays in Honour’ – or festchrifts as some like to call them. Here the unifying idea is not a special topic but a person and his academic life. Interesting and productive lifes, such as Claus Weddepohl’s, make it easier to produce a simulating book and the editors did not miss the opportunity. … I found reading this book a fruitful experience and I recommend it especially to younger colleagues." (Alfredo Medio, Journal of Economic Behavior and Organization, Vol. 58, 2005)


Table of contents (23 chapters)

  • Claus Weddepohl: the First Dutch Mathematical Economist

    Ramer, Roald

    Pages 1-17

  • Indeterminateness of Equilibria and Macroeconomics

    Drèze, Jacques H.

    Pages 21-36

  • Equilibrium Properties of Status Seeking and Conformism

    Haagsma, Rein

    Pages 37-49

  • Recent Criticism of General Equilibrium Theory

    Heertje, Arnold

    Pages 51-60

  • Coordinating Thoughts on Coordination Failures

    Herings, P. Jean-Jacques

    Pages 61-76

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-3-642-56131-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.00
price for USA
  • ISBN 978-3-540-43470-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.00
price for USA
  • ISBN 978-3-642-62820-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Equilibrium, Markets and Dynamics
Book Subtitle
Essays in Honour of Claus Weddepohl
Editors
  • Cars H. Hommes
  • Roald Ramer
  • Cees A. Withagen
Copyright
2002
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-56131-3
DOI
10.1007/978-3-642-56131-3
Hardcover ISBN
978-3-540-43470-2
Softcover ISBN
978-3-642-62820-7
Edition Number
1
Number of Pages
XV, 344
Topics