Theory of Value
"[This] beautiful and austere book . . . [is] an important landmark of economic theory."āF.H. Hahn, Journal of Political Economy
"An immortal classic of twentieth century economics. Every economist should own a copy."āRobert Lucas, University of Chicago
Theory of Value offers a rigorous, axiomatic, and formal analysis of producer behaviour, consumer behaviour, general equilibrium, and the optimality of the market mechanism for resource allocation.
Description
"[This] beautiful and austere book . . . [is] an important landmark of economic theory."āF.H. Hahn, Journal of Political Economy
"An immortal classic of twentieth century economics. Every economist should own a copy."āRobert Lucas, University of Chicago
Theory of Value offers a rigorous, axiomatic, and formal analysis of producer behaviour, consumer behaviour, general equilibrium, and the optimality of the market mechanism for resource allocation.
