Three Essays on Contests

Three Essays on Contests PDF Author: Qiang Fu
Publisher:
ISBN:
Category :
Languages : en
Pages : 294

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Three Essays on Contests

Three Essays on Contests PDF Author: Qiang Fu
Publisher:
ISBN:
Category :
Languages : en
Pages : 294

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Book Description


Three Essays on Auctions and Bargaining

Three Essays on Auctions and Bargaining PDF Author: Yumiko Baba
Publisher:
ISBN:
Category :
Languages : en
Pages : 214

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Three Essays on International Trade

Three Essays on International Trade PDF Author: Yŏng-gwan Song
Publisher:
ISBN:
Category :
Languages : en
Pages : 122

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Three Essays on Imperfectly Discriminating Contests

Three Essays on Imperfectly Discriminating Contests PDF Author: Jinwon Ahn
Publisher:
ISBN:
Category :
Languages : en
Pages : 334

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Equilibrium, Markets and Dynamics

Equilibrium, Markets and Dynamics PDF Author: Cars H. Hommes
Publisher: Springer Science & Business Media
ISBN: 9783540434702
Category : Business & Economics
Languages : en
Pages : 836

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Book Description
This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib rium theory as the main theme.

Spectrum Auctions and Competition in Telecommunications

Spectrum Auctions and Competition in Telecommunications PDF Author: Gerhard Illing
Publisher: MIT Press
ISBN: 9780262263214
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Leading experts in industrial organization and auction theory examine the recent European telecommunication license auction experience. In 2000 and 2001, several European countries carried out auctions for third generation technologies or universal mobile telephone services (UMTS) communication licenses. These "spectrum auctions" inaugurated yet another era in an industry that has already been transformed by a combination of staggering technological innovation and substantial regulatory change. Because of their spectacular but often puzzling outcomes, these spectrum auctions attracted enormous attention and invited new research on the interplay of auctions, industry dynamics, and regulation. This book collects essays on this topic by leading analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference; comments and responses are included as well, to preserve some of the controversy and atmosphere of give-and-take at the conference.The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and industrial organization. Because spectrum auctions are embedded in a dynamic interaction of consumers, firms, legislation, and regulation, a multidimensional approach yields important insights. The first essays discuss strategies of stimulating new competition and the complex interplay of the political process, regulation, and competition. The later essays focus on specific spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they examine questions of auction design and efficiency and convincingly explain the enormous variation of revenues in different auctions.

Three essays on empirical finance

Three essays on empirical finance PDF Author: Tse-Chun Lin
Publisher: Rozenberg Publishers
ISBN: 9036101514
Category :
Languages : en
Pages : 146

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Three Essays on Quantal Response Equilibrium Model

Three Essays on Quantal Response Equilibrium Model PDF Author: Kang-Oh Yi
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 182

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Three Essays

Three Essays PDF Author: Rong Chen
Publisher:
ISBN:
Category :
Languages : en
Pages : 368

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The Theory of Money and Financial Institutions

The Theory of Money and Financial Institutions PDF Author: Martin Shubik
Publisher: MIT Press
ISBN: 9780262693110
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.