logo logo

Eugene SILBERBERG

Eugene SILBERBERG, economist in the field of Microeconomic Theory; Mathematical Methods and Models; Social Choice; Political Economy.

Background

  • SILBERBERG, Eugene was born in 1940 in New York City, New York, United States of America.

  • Education

    • Bachelor of Science (Maths, and Physics) City College New York, 1960. Doctor of Philosophy Purdue University, Indiana, 1964.

    Career

    • Assistant Professor Business, State University New York, Binghamton, 1964-1967. Assistant Professor, Association Professor of Economics, University Washington, 1967-1973, 1973-1979. Professor of Economics, University Washington, Seattle, Washington, United States of America, since 1979.

    Works

    • The Structure of Economics: A Mathematical Analysis
    • This text combines mathematical economics with microeconomic theory and can be required or recommended as part of a course in graduate microeconomic theory, advanced undergraduate or graduate-level mathematical economics, or any advanced topics course.

    Views

    My early work concentrated in two areas. I developed the analysis of consumer’s surplus as a line integral and showed that consumer’s surplus was a meaningful, i.e. operational, concept only if the associated line integral was pathindependent. Functions identifying monetary evaluations of changes in utility are non-existent except under special conditions.

    Meaningful consumer’s surplus measures exist only in terms of a consumer’s willingness to pay (or be paid) to change the constraints in specified ways. These measures are all changes in the expenditure function. My other work concentrated on comparative statics methodology. My article in Journal of Economic Theory, expanded in my text, The Structure of Economics, generalised the methods first presented by Samuelson.

    I showed that the envelope theorems and all comparative statics theorems (including the LeChatelier effects) could easily be derived by maximising the difference between the direct and indirect objective functions with respect to both the choice variables and the parameters. My current research deals with incorporating the rationality postulate into the characteristics approach to consumer theory to develop new implications of changes in incomes, and propositions concerning the formation of rules of behaviour.

    See on larger map