First edition, first printing. 8vo. xii, 452 pp. Original red cloth, spine lettered in gilt on black ground, dust jacket (red rubberstamp ‘Complimentary Copy Not to be Sold Separately’ to verso of title page, contents otherwise clean and fresh; only minor creasing to extremities of jacket, else a near fine copy). San Francisco, Holden-Day, Inc.; Edinburgh, Oliver & Boyd, 1971.
A monumental collaboration between the Nobel Prize winning American economist Kenneth Arrow and the Neo-Walrasian Cambridge economist Frank Hahn, the fruit of Arrow’s productive years as Overseas Fellow at Cambridge University in 1963-64 and again in 1970, offering a detailed view of Arrow’s work in general equilibrium theory with further developments on stability.
