Essays on Market Design and Experimental Economics

Download Essays on Market Design and Experimental Economics PDF Online Free

Author :
Publisher : Stanford University
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Essays on Market Design and Experimental Economics by : Eric Samuel Mayefsky

Download or read book Essays on Market Design and Experimental Economics written by Eric Samuel Mayefsky and published by Stanford University. This book was released on 2011 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: I explore fundamental behavioral aspects of several market design environments in a variety of projects using both theoretical models and laboratory experiments. I show that human tendencies can drastically shift potential outcomes away from those which would result if individuals were fully 'rational' and unbiased in decision problems similar to those found frequently in the field. I explore two common classes of centralized matching mechanisms--Deferred Acceptance and Priority--which have wildly different success rates in practice despite both being open to manipulation by agents who have incomplete information about the other participants in the match. For this reason, theory predicts both mechanisms in equilibrium will yield match outcomes which are unstable, meaning some agents will desire to renegotiate with one another after receiving their match assignments, and thus reduce participants' confidence in using the match. I provide laboratory evidence that out-of-equilibrium truth telling by agents is substantially more frequent in the Deferred Acceptance environment and thus Deferred Acceptance matches will generally be more stable in practice than matches using a Priority mechanism. This may explain why Deferred Acceptance mechanisms appear to be more viable in the field. I also explore two different models of decentralized two-sided matching environments where establishing scarce signaling methods can improve market outcomes. In a laboratory experiment, I show that allowing potential receiving job offers to send a single signal to their favorite potential employer before job offers are made increases overall match rates in the market, but is potentially damaging to the firms making offers when compared to the market without such a signal. Then, in a theoretical model where pre-offer communication takes the form of an interview process where workers have natural limits on the number of interviews in which they can participate, I show that in many cases firms can benefit themselves and the market as a whole by voluntarily restricting the number of interviews they offer to participate in. While not traditionally thought of as market design problems, voting mechanisms are fundamentally goods allocation problems as well and have many of the same issues as traditional markets do. I explore the effects of voter bias on outcomes in an otherwise standard voting model and find that even slight external pressure on individuals in a committee tasked with coming to a collective decision can destroy the ability of that committee to arrive at the correct result, even when individuals have good information about the best decision to make. Furthermore, the quality of the decision made by such a committee can actually degrade as the committee size increases, in contrast with the canonical Condorcet Jury Theorem which predicts that a committee's ability to choose the right outcome increases quickly as more members are added.

Essays on Dynamic Equilibrium

Download Essays on Dynamic Equilibrium PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 238 pages
Book Rating : 4.:/5 (33 download)

DOWNLOAD NOW!


Book Synopsis Essays on Dynamic Equilibrium by : Domenico Cuoco

Download or read book Essays on Dynamic Equilibrium written by Domenico Cuoco and published by . This book was released on 1994 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Who Gets What--and why

Download Who Gets What--and why PDF Online Free

Author :
Publisher : Houghton Mifflin Harcourt
ISBN 13 : 0544291131
Total Pages : 275 pages
Book Rating : 4.5/5 (442 download)

DOWNLOAD NOW!


Book Synopsis Who Gets What--and why by : Alvin E. Roth

Download or read book Who Gets What--and why written by Alvin E. Roth and published by Houghton Mifflin Harcourt. This book was released on 2015 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- in which money may play little or no role. If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of "goods," like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where "sellers" and "buyers" must choose each other, and price isn't the only factor determining who gets what. Alvin E. Roth is one of the world's leading experts on matching markets. He has even designed several of them, including the exchange that places medical students in residencies and the system that increases the number of kidney transplants by better matching donors to patients. In Who Gets What -- And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.

Dissertation Abstracts International

Download Dissertation Abstracts International PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 534 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Dissertation Abstracts International by :

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2009-11 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Analysis of Markets and Games

Download Economic Analysis of Markets and Games PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262041270
Total Pages : 666 pages
Book Rating : 4.0/5 (412 download)

DOWNLOAD NOW!


Book Synopsis Economic Analysis of Markets and Games by : Partha Dasgupta

Download or read book Economic Analysis of Markets and Games written by Partha Dasgupta and published by MIT Press. This book was released on 1992 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Journal of Economic Literature

Download Journal of Economic Literature PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 398 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Journal of Economic Literature by :

Download or read book Journal of Economic Literature written by and published by . This book was released on 2007 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Analysis of Dynamic Models in Economics and Finance

Download Global Analysis of Dynamic Models in Economics and Finance PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642295037
Total Pages : 449 pages
Book Rating : 4.6/5 (422 download)

DOWNLOAD NOW!


Book Synopsis Global Analysis of Dynamic Models in Economics and Finance by : Gian Italo Bischi

Download or read book Global Analysis of Dynamic Models in Economics and Finance written by Gian Italo Bischi and published by Springer Science & Business Media. This book was released on 2012-08-07 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this special volume survey some of the most recent advances in the global analysis of dynamic models for economics, finance and the social sciences. They deal in particular with a range of topics from mathematical methods as well as numerous applications including recent developments on asset pricing, heterogeneous beliefs, global bifurcations in complementarity games, international subsidy games and issues in economic geography. A number of stochastic dynamic models are also analysed. The book is a collection of essays in honour of the 60th birthday of Laura Gardini.​

Essays in Derivatives

Download Essays in Derivatives PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118160649
Total Pages : 403 pages
Book Rating : 4.1/5 (181 download)

DOWNLOAD NOW!


Book Synopsis Essays in Derivatives by : Don M. Chance

Download or read book Essays in Derivatives written by Don M. Chance and published by John Wiley & Sons. This book was released on 2011-07-05 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the updated second edition of Don Chance’s well-received Essays in Derivatives, the author once again keeps derivatives simple enough for the beginner, but offers enough in-depth information to satisfy even the most experienced investor. This book provides up-to-date and detailed coverage of various financial products related to derivatives and contains completely new chapters covering subjects that include why derivatives are used, forward and futures pricing, operational risk, and best practices.

Firms, Markets and Economic Change

Download Firms, Markets and Economic Change PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1134804962
Total Pages : 364 pages
Book Rating : 4.1/5 (348 download)

DOWNLOAD NOW!


Book Synopsis Firms, Markets and Economic Change by : Richard N. Langlois

Download or read book Firms, Markets and Economic Change written by Richard N. Langlois and published by Routledge. This book was released on 1995-07-06 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex p

Essays on simultaneous search equilibrium

Download Essays on simultaneous search equilibrium PDF Online Free

Author :
Publisher : Rozenberg Publishers
ISBN 13 : 9051709285
Total Pages : 195 pages
Book Rating : 4.0/5 (517 download)

DOWNLOAD NOW!


Book Synopsis Essays on simultaneous search equilibrium by : Ronald Paul Wolthoff

Download or read book Essays on simultaneous search equilibrium written by Ronald Paul Wolthoff and published by Rozenberg Publishers. This book was released on 2008 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Global Strategy and Institutions

Download Essays on Global Strategy and Institutions PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Essays on Global Strategy and Institutions by : Jordan Ian Siegel

Download or read book Essays on Global Strategy and Institutions written by Jordan Ian Siegel and published by . This book was released on 2003 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines how firms in countries with weak governance institutions access outside (technological and financial) resources and capabilities. The first essay challenges current views regarding the efficacy of renting foreign jurisdictions through cross-listings and shows that reputational mechanisms are more important. The second essay, which follows a group of Korean firms through the sequence of liberalizations and political changes since 1987, provides further evidence that reputational mechanisms are central in obtaining external resources and capabilities. The third essay suggests that Mexican firms selected alternative strategies besides cross-listings before liberalization, and that one of these strategies (forming a cross-border alliance) turned out to be more effective. The timing of liberalization is the key shift variable that determines which Mexican firms cross-listed and which firms instead formed cross-border alliances and/or acquired political connectedness. This thesis also demonstrates the complementarity of investing in domestic influence and the establishment of cross-border strategic alliances.

Three Essays on Learning and Experimentation

Download Three Essays on Learning and Experimentation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 228 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Three Essays on Learning and Experimentation by : Axel Z. Anderson

Download or read book Three Essays on Learning and Experimentation written by Axel Z. Anderson and published by . This book was released on 2002 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Dynamics

Download Economic Dynamics PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1349016969
Total Pages : 201 pages
Book Rating : 4.3/5 (49 download)

DOWNLOAD NOW!


Book Synopsis Economic Dynamics by : Roy Harrod

Download or read book Economic Dynamics written by Roy Harrod and published by Springer. This book was released on 1973-06-18 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Macroeconomic Dynamics of Job Vacancies, Job Flows, and Entreprenerial Activities

Download Essays on Macroeconomic Dynamics of Job Vacancies, Job Flows, and Entreprenerial Activities PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 282 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Essays on Macroeconomic Dynamics of Job Vacancies, Job Flows, and Entreprenerial Activities by : Shigeru Fujita

Download or read book Essays on Macroeconomic Dynamics of Job Vacancies, Job Flows, and Entreprenerial Activities written by Shigeru Fujita and published by . This book was released on 2004 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Institutional Dynamics of Culture, Volumes I and II

Download The Institutional Dynamics of Culture, Volumes I and II PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351887661
Total Pages : 1134 pages
Book Rating : 4.3/5 (518 download)

DOWNLOAD NOW!


Book Synopsis The Institutional Dynamics of Culture, Volumes I and II by : Perri Six

Download or read book The Institutional Dynamics of Culture, Volumes I and II written by Perri Six and published by Routledge. This book was released on 2018-12-20 with total page 1134 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes present the most important recent developments in the institutional theory of culture and demonstrate their practical applications. Sometimes called 'grid-group analysis' or 'cultural theory', they derive from the work of Durkheim in the 1880s and 1900s and develop the insights of the anthropologist Mary Douglas and her followers from the 1960s on. First redefined within social and cultural anthropology, the theory's influence is shown in recent years to have permeated all the main disciplines of social science with substantial implications for politics, history, business, work and organizations, the environment, technology and risk, and crime and consumption. Today, the institutional theory of culture now rivals the rational choice, Weberian and postmodern outlooks in influence across the social sciences.

The SAGE Handbook of Complexity and Management

Download The SAGE Handbook of Complexity and Management PDF Online Free

Author :
Publisher : SAGE Publications
ISBN 13 : 1847875696
Total Pages : 665 pages
Book Rating : 4.8/5 (478 download)

DOWNLOAD NOW!


Book Synopsis The SAGE Handbook of Complexity and Management by : Peter Allen

Download or read book The SAGE Handbook of Complexity and Management written by Peter Allen and published by SAGE Publications. This book was released on 2011-04-06 with total page 665 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the substantive scholarly work to provide a map of the state of art research in the growing field emerging at the intersection of complexity science and management studies.

Dynamic Modeling, Empirical Macroeconomics, and Finance

Download Dynamic Modeling, Empirical Macroeconomics, and Finance PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3319398873
Total Pages : 332 pages
Book Rating : 4.3/5 (193 download)

DOWNLOAD NOW!


Book Synopsis Dynamic Modeling, Empirical Macroeconomics, and Finance by : Lucas Bernard

Download or read book Dynamic Modeling, Empirical Macroeconomics, and Finance written by Lucas Bernard and published by Springer. This book was released on 2016-10-03 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume, with contributions by area experts, offers discussions on a range of evolving topics in economics and social development. At center are important issues central to sustainable development, economic growth, technological change, the economics of climate change, commodity markets, long wave theory, non-linear dynamic models, and boom-bust cycles. This is an excellent reference for academic and professional economists interested in emerging areas of empirical macroeconomics and finance. For policy makers and curious readers alike, it is also an outstanding introduction to the economic thinking of those who seek a holistic and all-compassing approach in economic theory and policy. Looking into new data and methodology, this book offers fresh approaches in a post-crisis environment. Set in a profound understanding of the diverse currents within the many traditions of economic thought, this book pushes the established frontiers of economic thinking. It is dedicated to a leading scholar in the areas covered in this book, Willi Semmler.