Prices and Knowledge : A Market-Process Perspective book cover
1st Edition

Prices and Knowledge
A Market-Process Perspective

ISBN 9780415755825
Published December 22, 2014 by Routledge
160 Pages

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Book Description

First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

Table of Contents

Introduction 1. A Theory of the Market Process 2. Equilibrium Prices and Information 3. `Bounded Rationality' and the Price System 4. Change, Responsiveness and Coordination 5. Conclusions

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Esteban F. Thomsen


`... a careful and admirably brief statement of the case for the market process approach to the theory of price.' - Economic Journal May 93