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Author: Mukul Majumdar
Publisher: Cambridge University Press
ISBN: 9780521553001
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.
Author: Mukul Majumdar
Publisher: Cambridge University Press
ISBN: 9780521553001
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.
Author: Naomi R. Lamoreaux
Publisher: University of Chicago Press
ISBN: 0226468585
Category : Business & Economics
Languages : en
Pages : 348
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Book Description
Case studies that examine how firms coordinate economic activity in the face of asymmetric information—information not equally available to all parties—are the focus of this volume. In an ideal world, the market would be the optimal provider of coordination, but in the real world of incomplete information, some activities are better coordinated in other ways. Divided into three parts, this book addresses coordination within firms, at the borders of firms, and outside firms, providing a picture of the overall incidence and logic of economic coordination. The case studies—drawn from the late nineteenth and early twentieth century, when the modern business enterprise was evolving, address such issues as the relationship between coordination mechanisms and production techniques, the logic of coordination in industrial districts, and the consequences of regulation for coordination. Continuing the work on information and organization presented in the influential Inside the Business Enterprise, this book provides material for business historians and economists who want to study the development of the dissemination of information and the coordination of economic activity within and between firms.
Author: Keith Krehbiel
Publisher: University of Michigan Press
ISBN: 9780472064601
Category : Political Science
Languages : en
Pages : 330
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Book Description
DIVPresents an alternative informational theory of legislative politics to challenge the conventional view /div
Author: Andrew W. Lo
Publisher: University of Chicago Press
ISBN: 0226488497
Category : Business & Economics
Languages : en
Pages : 390
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Book Description
The regulation of financial markets has for years been the domain of lawyers, legislators, and lobbyists. In this unique volume, experts in industrial organization, finance, and law, as well as members of regulatory agencies and the securities industry, examine the securities industry from an economic viewpoint. Ten original essays address topics including electronic trading and the "virtual"stock exchange; trading costs and liquidity on the London and Tokyo Stock Exchanges and in the German and Japanese government bond markets; international coordination among regulatory agencies; and the impact of changing margin requirements on stock prices, volatility, and liquidity. This clear presentation of groundbreaking research will appeal to economists, lawyers, and legislators who seek a refreshingly new perspective on policy issues in the securities industry.
Author: Joe Tracz
Publisher: Hachette Books
ISBN: 0316451835
Category : Performing Arts
Languages : en
Pages : 216
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Book Description
This mysterious illustrated tie-in to Netflix's award-winning A Series of Unfortunate Events -- featuring an introduction by Count Olaf's legal representative, Neil Patrick Harris -- shares insider secrets about the Baudelaire family and the making of the show. In every library there is a single book that can answer the question that burns like a fire in the mind... In this collector's companion you will discover never-before-seen photographs, never-before-told stories, and never-before, revealed secrets spanning all three seasons of the hilariously twisted, critically acclaimed hit series. You will encounter original concept art, annotated script excerpts, and interviews with the creative team and all-star cast, as well as glossaries, recipes, lyric sheets, hidden Easter eggs, shocking backstories, and suspicious pages from the titular tome, unredacted, and revealed here for the first time. Featuring interviews with: Tony Hale Daniel Handler Aasif Mandvi Sara Rue Barry Sonnenfeld Patrick Warburton Bo Welch Alfre Woodard and more... Perhaps you are wondering how a noble person such as yourself might become a member of a secret organization. Like so many things in life, it starts by picking up the right book. So go ahead, read at your own risk.
Author: Peter J. Buckley
Publisher:
ISBN: 9780198774365
Category : Business & Economics
Languages : en
Pages : 498
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Book Description
The operations of the firm lie at the heart of studying business and business economics. This volume--the first in the new Oxford Management Readers Series--brings together the classic articles analyzing the role of firms and the relations between them, focusing particularly on the increasingly widespread idea that a firm is based on a set of internal and external contracts. The book will be an invaluable tool for teachers and students of business, economics, and management. The editors' Introduction provides an accessible overview, and Nobel prizewinner Ronald Coase contributes a foreword.
Author: Robert J. Aumann
Publisher: MIT Press
ISBN: 9780262011471
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
The basic model studied throughout the book is one in which players ignorant about the game being played must learn what they can from the actions of the others.
Author: George J. Stigler
Publisher: University of Chicago Press
ISBN: 0226774325
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
The Organization of Industry collects essays written over two decades—pieces prepared especially for this volume, previously unpublished material, and reprinted articles drawn from numerous sources, many which include additional commentary by the author. The essays are unified by George J. Stigler's careful analysis and by his clear and witty style. In part one, Stigler examines the nature of competition and monopoly. In part two he discusses the forces that determine the size structure of industry, including barriers to entry, economics of scale, and mergers. Part three contains articles on a wide range of topics, such as profitability, delivered price systems, block booking, the economics of information, and the kinky oligopoly demand curve and rigid price. Part four offers a discussion of antitrust policy and includes Stigler's recommendations for future policy as well as an examination of the effects of past policies. "Stigler's writings might well be subtitled 'The Joys of Doing Economics.' He, more than any other contemporary American economist, dispels the gloom surrounding economic theory. It is impossible to confront the subject treated with such humor and verve and come away still believing that economics is the dismal science."—Shirley B. Johnson, American Scholar
Author: Zhiang (John) Lin
Publisher: Springer Science & Business Media
ISBN: 1475737033
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Designing Stress Resistant Organizations demonstrates, in a persuasive way, how computational organization theory can be applied to advance the field of management with its successful integration of theory and practice. At the theoretical level, the book contains a comprehensive computational framework called DYCORP, which simulates dynamic and interactive organizational behaviors by incorporating multiple factors such as organizational design, task environment, and stress, and which generates consistent and insightful propositions on organizational performance. The book utilizes an organization science based approach to computational modeling. This approach recognizes the limit of human cognition as it was outlined by Herbert A. Simon in 1947. The model strives to focus on the essence of the reality that is most relevant to the research issue. This approach has been proven to be more beneficial for us to understand the underlying dynamics of the phenomenon.
Author: Gerard P. Hodgkinson
Publisher: John Wiley & Sons
ISBN: 0470867116
Category : Psychology
Languages : en
Pages : 344
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Book Description
This is the twentieth in the most prestigious series of annual volumes in the field of industrial and organizational psychology. The series provides authoritative and integrative reviews of the key literature of industrial psychology and organizational behaviour. The chapters are written by established experts and topics are carefully chosen to reflect the major concerns in both the research literature and in current practice. Continuing in the tradition of the series as a whole, this twentieth volume provides scholarly, up-to-the-minute reviews and updates of work in a number of well-established areas such as: mergers and acquisitions, burnout and health, and personality in industrial and organizational psychology. Emergent issues are also covered in chapters on social identity, emotions in organizations, the contribution of industrial and organizational psychology to ensuring safety in commercial aircraft, and the analysis of justice in human resource management decisions. Each chapter offers a comprehensive and critical survey of the chosen topic, and each is supported by a valuable bibliography. For advanced students, academics and researchers, as well as professional psychologists and managers, this remains the most authoritative and current guide to new developments and established knowledge in the field of industrial and organizational psychology. Contributors to Volume 20 Neal M. Ashkanasy, Australia Claire E. Ashton-James, Australia Shlomo Berliner, Israel Susan Cartwright, UK Jose M. Cortina, USA Naomi Ellemers, The Netherlands Stephen W. Gilliland, USA Don Harris, UK S. Alexander Haslam, UK Michael J. Ingerick, USA Samuel Melamed, Israel Layne Paddock, USA Itzhak Shapira, Israel Arie Shirom, Israel Lauren Thomas, UK Sharon Toker, Israel
