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W. M. (Terence) Gorman has been a major figure in the development of economics during the past forty years. His publications on separability, aggregation, duality, and the modelling of consumer demand are recognized as fundamental contributions to economic theory.This volume brings together for the first time all of Gorman's important work, much of which has never been published before, on aggregation across commodities and agents, including separability, budgeting, representative agents, and the construction of capital and labor aggregates. Each chapter is preceded by an editorial introduction which describes its origin and place within the literature as well as the main results themselves.
This volume investigates the foundational principles of economic separability and aggregation through the collected research of W. M. Gorman. W. M. Gorman was a prominent economist whose work significantly influenced the development of consumer demand theory and duality. This collection compiles his essential papers, providing a comprehensive overview of his contributions to the mathematical modeling of economic agents and commodity structures.
What You Will Find
Experts recognize this volume as a foundational resource for understanding the evolution of modern economic theory. Readers frequently note the technical density of the prose, which is intended for advanced students and professional economists.
Page Count:
504
Publication Date:
1996-03-14
Publisher:
Clarendon Press
ISBN-10:
0198285213
ISBN-13:
9780198285212
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