PDF Download Economic Foundations of Symmetric Programming, by Quirino Paris
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Economic Foundations of Symmetric Programming, by Quirino Paris
PDF Download Economic Foundations of Symmetric Programming, by Quirino Paris
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The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This textbook represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavior under risk and uncertainty, and two-person zero and non-zero-sum games are analyzed and discussed under the unifying structure called the linear complementarity problem. Furthermore, the equilibrium problem allows for the relaxation of often-stated but unnecessary assumptions. This unifying approach offers the advantage of a better understanding of the structure of economic models. It also introduces the simplest and most elegant algorithm for solving a wide class of problems.
- Sales Rank: #3346490 in Books
- Published on: 2010-11-01
- Original language: English
- Number of items: 1
- Dimensions: 8.98" h x 1.18" w x 5.98" l, 1.67 pounds
- Binding: Paperback
- 568 pages
Review
"I am thrilled to see Professor Paris put his knowledge of symmetric programming in print. The range of economic models that can be cast in this framework is virtually unlimited. In addition, the symmetric programming approach leads to a deeper understanding of economic principles as well as derivation of practical decision rules for policy makers and businesspeople." - Ken Foster, Purdue University
"Dr. Paris has assembled a systematic treatment of the subject of symmetric programming. His development of the material offers valuable insight for students of economics at multiple levels, whether their bent is theoretical or applied. For researchers, the wealth of detailed examples in the text and appendix provide a great jumping-off point for more specialized computational models of economic analysis." - Roman Keeney, Purdue University
"Finally, a mathematical programming book with substantive economic content. This book will provide the foundation for our profession to revisit the core principle of 'symmetry' in all of our economic modeling efforts. Professor Paris, bravo!" - Gordon Rausser, University of California, Berkeley
"Quirino Paris has written a book that few others could have written. Symmetry is widely and successfully used in many analyses in natural sciences, and the question of what symmetry can offer to economic analysis therefore begs an answer. Quirino Paris starts his exposition by rooting the issues to the philosophy of science, then utilizing the symmetry concepts to make classical and new problems in economics more operational. For example, monopolist behavior is analyzed for multiple commodities, motivated from the observation that monopolists often exercise their market power on more than one commodity or product. Example GAMS code files on several topics contribute to making the book more than beautiful; it becomes very useful." - Eirik Romstad, past president, European Association of Agricultural Economists; Norwegian University of Life Sciences
"Mathematical programming approaches applied to a broad range of economic problems are experiencing resurgence, and Quirino Paris's Economic Foundations of Symmetric Programming is a major contribution in this direction. This book sets itself apart as it interweaves economic theory with mathematical programming frameworks. It will serve also as a useful reference for the foundations of optimization (Lagrangean and Karash-Kuhn-Tucker approaches) and for perspectives on primal-dual problems in economics, all the while emphasizing the computational implementation of the theory with the addition of GAMS and other numerical routines. Overall, this book offers an uncommon (and innovative) approach from the perspective of the conventional literature, even though the themes covered are mainstream economic notions and theories." - Spiro E. Stefanou, Pennsylvania State University
About the Author
Quirino Paris is Professor of Agricultural and Resource Economics at the University of California, Davis, where he has taught since 1969. He received his Ph.D. from the University of California, Berkeley, in 1966 and then served on the university staff of the Advanced Training Center for Economic Research at the University of Naples, Italy. Professor Paris's research has concentrated on investigations of producer and consumer behavior, of which the present text is the most recent example. He is the author of more than 100 journal articles in economics and research methodology and of the textbook An Economic Interpretation of Linear Programming (1991). Professor Paris is also a Fellow of the European Association of Agricultural Economists. He has served as a visiting professor at universities around the world.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Thorough coverage from subject matter authority
By Run Run Run
Quirino Paris is incredibly knowledgeable and has provided an exhaustive yet accessible treatment of the topic. I was lucky to take a course with him. He has a true passion for the subject and is a clear instructor. This book delivers that to the reader.
0 of 0 people found the following review helpful.
The author is my lecture professor. Actually I didn't ...
By Yang Jiang
The author is my lecture professor. Actually I didn't read it a lot, because Professor Paris gave us brief handouts with precise explanations.
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