Theory of Value: An Axiomatic Analysis of Economic Equilibrium.

"The Basis for the Standard Finance Model": Gerard Debreu's Theory of Value

Theory of Value: An Axiomatic Analysis of Economic Equilibrium.

DEBREU, Gerard.

Item Number: 33534

New York: John Wiley & Sons, 1959.

Third printing of one of the most important works in mathematical economics. Octavo, original cloth. In very good condition, name and small stamp to the front free endpaper.

"Theory of Value is Debreu's classic book...which presents a rigorous yet succinct exposition of the theory of general economic equilibrium, follows a logical and structured direction. Having outlined in the opening chapter the mathematical concepts and results used in the rest of the book, Debreu then discusses the concepts of a commodity and prices, producer behavior, consumer behavior, equilibrium, the relationship between equilibrium and Pareto optimality, and uncertainty" (Vane and Mulhearn, The Nobel Memorial Laureates in Economics).

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