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Theory of Markets

Trade and Space-time Patterns of Price Fluctuations A Study in Analytical Economics

  • Bertrand M. Roehner

Part of the Advances in Spatial and Network Economics book series (ADVS ECONOMICS)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Prologue

    1. Bertrand M. Roehner
      Pages 1-35
    2. Bertrand M. Roehner
      Pages 37-72
  3. Equilibrium models

  4. Dynamic Models

    1. Bertrand M. Roehner
      Pages 235-279
    2. Bertrand M. Roehner
      Pages 281-322
    3. Bertrand M. Roehner
      Pages 323-378
  5. Epilogue

    1. Bertrand M. Roehner
      Pages 379-384
  6. Back Matter
    Pages 385-405

About this book

Introduction

Book titles, because they are compromises between concision and precision, provide but an approximate description of real content. For this book an al­ ternative and more comprehensive title would be: An investigation of spatial arbitrage as an introduction to the theory of commodity markets: trade and space-time patterns of price fluctuations. In this title, both the specificities and the limitations of our approach are emphasized. Firstly, our approach con­ centrates on the basic mechanisms of spatial arbitrage, leaving aside a number of accessory facets of international trade such as the impact of quotas or of ex­ change rates. Secondly, for the sake of simplicity we restrict ourselves to single commodity markets; the interrelationship of different goods on multi-commodity markets are only occasionally mentioned. The previous restrictions, however drastic they may at first appear delimit and define what can be considered as the core of the process of trade and of spatial transactions. Having thus simplified the object of our study, we are able to tackle the problem in a systematic way and to model spatial differentials along with their relationships to the volume of trade both in eqUilibrium and in non-equilibrium situations. As far as the subtitle of the book is concerned, we shall postpone the discussion of what is meant by the expression "analytical economics" until the concluding chapter.

Keywords

Trade Warenmärkte demography economic theory economics equilibrium integration international trade macroeconomics microeconomics modeling simulations transport transportation Ökonomik

Authors and affiliations

  • Bertrand M. Roehner
    • 1
  1. 1.L.P.T.H.E.University Paris VIIParis Cedex 05France

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-79479-7
  • Copyright Information Springer-Verlag Berlin Heidelberg 1995
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-642-79481-0
  • Online ISBN 978-3-642-79479-7
  • Series Print ISSN 1430-9599
  • Buy this book on publisher's site
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