The Economics of Missing Markets, Information, and Games

The Economics of Missing Markets, Information, and Games PDF Author: Frank Hahn
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 528

Get Book Here

Book Description
This collection of papers is the result of a Cambridge University study of the consequences of missing markets, asymmetric information, market-dependent information, strategic market situations, and the role of quantity signals. The contributors also consider the behavior of overlapping generation models and their macroeconomic implications, providing a useful reference text on most of the main issues of current interest to economic theorists.

The Economics of Missing Markets, Information, and Games

The Economics of Missing Markets, Information, and Games PDF Author: Frank Hahn
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 528

Get Book Here

Book Description
This collection of papers is the result of a Cambridge University study of the consequences of missing markets, asymmetric information, market-dependent information, strategic market situations, and the role of quantity signals. The contributors also consider the behavior of overlapping generation models and their macroeconomic implications, providing a useful reference text on most of the main issues of current interest to economic theorists.

Economic Analysis of Markets and Games

Economic Analysis of Markets and Games PDF Author: Partha Dasgupta
Publisher: MIT Press
ISBN: 9780262041270
Category : Business & Economics
Languages : en
Pages : 666

Get Book Here

Book Description
These original essays focus on a wide range of topics related to Frank Hahn'sdistinguished work in economics. Ranging from market analysis and game theory to the microeconomicfoundations of macroeconomics and from equilibrium and optimality with missing markets to economicsand society, they reflect the diversity of modem research in economic theory. What distinguishesHahn's work and many of the essays in this book is that the motivation often comes from practicalconcerns about unemployment, savings and investment, poverty, or the stability of markets.The essaysin Part I deal with the microeconomic foundations of macroeconomics - a field in which Hahn has madeimportant contributions, most notably in the theory of monetary economics. Topics include anevaluation of Hahn's contribution to the theory of distribution and such macroeconomic themes ascoordination failure, multiple equilibria, and strategic issues.Part II contains recentcontributions to game theory reflecting Hahn's interest in the question of what is rationalbehavior. The essays in Part III concentrate on general-equilibrium theory with missing markets, afield in which Hahn has made major advances. Although the essays address a different set of issues,they share with Hahn's works such themes as market failure, indeterminacy of equilibrium, and therole of money.Partha Dasgupta is Professor of Economics at Cambridge University. Douglas Gale isProfessor of Economics at Boston University. Oliver Hart is Professor of Economics at theMassachusetts Institute of Technology. Eric Maskin is Professor of Economics at HarvardUniversity.

Knowledge, Beliefs and Economics

Knowledge, Beliefs and Economics PDF Author: R. Arena
Publisher: Edward Elgar Publishing
ISBN: 1847201539
Category : Psychology
Languages : en
Pages : 289

Get Book Here

Book Description
The contributors to this book also suggest the need for a more integrated perspective on the meaning, as well as the role, of knowledge and beliefs in economics in the future. Possible lines of future research such as the extension of the concept of rationality in economics or the focus on cognitive processes in economic action are discussed.

The Environment and Emerging Development Issues

The Environment and Emerging Development Issues PDF Author: Partha Dasgupta
Publisher:
ISBN: 9780199240708
Category : Business & Economics
Languages : en
Pages : 366

Get Book Here

Book Description
Two and a half billion people are affected directly on a day-to-day basis by the allocation and use of purely local resources. Yet "official" development economics has concentrated on headline international issues and only recently begun to take account of the dependence of poor countries on their natural resources, the link between acute poverty and environmental degradation, and the problems associated with the management of local common property such as soil and soil cover, water, forests and their products, animals and fisheries. In this volume, part of the WIDER Program on the Economics of the Environment, expert contributors provide a set of authoritative studies of emerging development issues, ranging from foundational matters to case studies, original research (in areas where there has been a paucity of work) to survey papers. They address both analytic and empirical issues on the role of environmental resources in the development process, presenting explanations of existing situations and policies for the future. A wealth of interests and backgrounds is represented, and reflected in the cross-fertilization between papers.

Learning and Coordination

Learning and Coordination PDF Author: Peter Vanderschraaf
Publisher: Routledge
ISBN: 1135725977
Category : Philosophy
Languages : en
Pages : 244

Get Book Here

Book Description
Vanderschraaf develops a new theory of game theory equilibrium selection in this book. The new theory defends general correlated equilibrium concepts and suggests a new analysis of convention.

The Economist

The Economist PDF Author:
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 648

Get Book Here

Book Description


Game Theory and Economic Modelling

Game Theory and Economic Modelling PDF Author: David M. Kreps
Publisher: Oxford University Press
ISBN: 0198283814
Category : Business & Economics
Languages : en
Pages : 204

Get Book Here

Book Description
Comprises lectures given at Tel Aviv University and Oxford University in 1990.

Parse of China

Parse of China PDF Author: Yilun Tong
Publisher: Springer
ISBN: 9811044791
Category : Business & Economics
Languages : en
Pages : 267

Get Book Here

Book Description
This book focuses on the gradual reform of Chinese society since China’s opening up to the world, and gives a unified explanation of the process based on bargaining theory. It studies institutional changes as a non-violent bargaining process in which different parties constantly make adjustments to social contracts by following the tradition of classical economics initiated by Adam Smith. The book has two major conclusions: First, bargaining-driven institutional reform ensures both efficiency and equality. Second, bargaining-driven institutional reform involves the principles of, and is an essential approach to democracy. The book’s interpretation of the economic phenomena and the reform mechanism in China not only reflects China’s 30-year reform experience, but also pays due homage to the academic heritage in the related areas. Yet, as a departure from traditional theories of the Chinese reform, this book lays out a unified and legitimate theoretical framework in order to clarify the international misinterpretations of China’s social change and institutional reform. ​

British Reports, Translations and Theses

British Reports, Translations and Theses PDF Author: British Library. Document Supply Centre
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 798

Get Book Here

Book Description


Large-scale Multi-item Auctions

Large-scale Multi-item Auctions PDF Author: Sascha Michael Schweitzer
Publisher: KIT Scientific Publishing
ISBN: 3866449046
Category : Business & Economics
Languages : en
Pages : 212

Get Book Here

Book Description
This book presents two experimental studies that deal with the comparison of multi-item auction designs for two specific applications: the sale of 2.6 GHz radio spectrum rights in Europe, and the sale of emissions permits in Australia. In order to tackle the complexity of these experiments, a cognitively based toolkit is proposed, including modularized video instructions, comprehension tests, a learning platform, a graphical one-screen user interface, and comprehension-based group matching.