Theory of Value : An Axiomatic Analysis of Economic Equilibrium Paperback / softback
Part of the Cowles Foundation Monographs Series series
Paperback / softback
"[This] beautiful and austere book . . . [is] an important landmark of economic theory."-F.H.
Hahn, Journal of Political Economy "An immortal classic of twentieth century economics.
Every economist should own a copy."-Robert Lucas, University of ChicagoTheory of Value offers a rigorous, axiomatic, and formal analysis of producer behavior, consumer behavior, general equilibrium, and the optimality of the market mechanism for resource allocation.