Background
Starr, Ross Marc was born on November 14, 1945 in Oak Ridge. Son of Chauncey and Doris E. Starr.
(General Equilibrium Theory: An Introduction presents the ...)
General Equilibrium Theory: An Introduction presents the mathematical economic theory of price determination and resource allocation from elementary to advanced levels, suitable for advanced undergraduates and graduate students of economics. This Arrow-Debreu model (known for two of its most prominent founders, both Nobel Laureates) is the basis of modern price theory and of a wide range of applications. The text starts with elementary models: Robinson Crusoe, the Edgeworth Box, and a 2-commodity 2-household 2-firm model. It gives a brief introduction to the mathematics used in the field (continuity, convexity, separation theorems, Brouwer fixed-point theorem, point-to-set mappings, and Shapley-Folkman theorem). It then presents the mathematical general equilibrium model in progressively more general settings, including point-valued, set-valued, and nonconvex set-valued demand and supply. Existence of general equilibrium, fundamental theorems of welfare economics, core convergence, and futures markets with time and uncertainty are treated fully. The new edition updates discussion throughout and expands the number and variety of exercises. It offers a revised and extended treatment of core convergence, including the case of non-convex preferences, and introduces the investigation of approximate equilibrium with U-shaped curves and non-convex preferences.
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Starr, Ross Marc was born on November 14, 1945 in Oak Ridge. Son of Chauncey and Doris E. Starr.
Bachelor of Science, Stanford University, 1966. Doctor of Philosophy, Stanford University, 1972.
Consultant Rand Corporation, summers 1966, 67, Western Management Science Institute, Graduate School Management, University of California at Los Angeles, summers 1967, 71. Cowles Foundation staff research economist Yale University, New Haven, 1970, faculty, 1970-1974, associate professor economics, 1974, University California, Davis, 1975-1976, professor economics, 1976-1980, San Diego, since 1980, chairman department, 1987-1990. Visiting lecturer London School of Economics, 1973-1974, Peoples University China, Beijing, 1987.
Visiting scholar University California, Berkeley, 1978-1980, visiting professor, 1997. Visiting professor European University Institute Florence, Italy, 2007.
(General Equilibrium Theory: An Introduction presents the ...)
(General Equilibrium Theory: An Introduction presents the ...)
Married Susan S. Strauss, July 2, 1967. Children: Daniel, Diana.