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基本説明
This monograph resurrects the spirit of classical economic thinking on network effects of division of labor and general equilibrium mechanisms.
Full Description
This research monograph provides systematic and comprehensive materials for applying inframarginal analysis to study a wide range of economic phenomena. The analysis is based on a new overarching framework to resurrect the classical notion of division of labor and specialization, which is an essential source of increasing a nation's wealth. The framework absorbs many classical and neo-classical insights in a general equilibrium analysis and explains many micro- and macro-phenomena. Many areas of the discipline that have been customarily treated as separate branches can now be analyzed systematically within this integrated framework. These include, for example, micro-economics; macro-economics; development economics; international economics; urban economics; growth theory; industrial organization; applications of game theory in economics; economics of property rights; economics of transaction costs; economics of institutions and contract; economics of organization; economics of states; managerial economics; theory of hierarchy; new theory of the firm; theory of money; theory of insurance; theory of network and reliability.
Contents
Basic Models in Inframarginal Economics; Institution of the Firm and Inframarginal Analysis of Endogenous Transaction Costs; Inframarginal Analysis of Trade and Globalization; Urbanization, Population, Coordination Reliability, and the Trade-off Between Working and Leisure; Hierarchical Structure of Division of Labor; Inframarginal Analysis of Economic Development and Growth; Macroeconomic Phenomena and Endogenous Size of Network of Division of Labor; Political Economics, the Economics of the State, New Economy, and Endogenous Network Size of Division of Labor.
