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.
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.
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