Market Games with Asymmetric Information and Nontransferable Utility

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ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Market Games with Asymmetric Information and Nontransferable Utility by : Beth Elaine Allen

Download or read book Market Games with Asymmetric Information and Nontransferable Utility written by Beth Elaine Allen and published by . This book was released on 1991 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Games with Asymmetric Information

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ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Market Games with Asymmetric Information by : Beth Elaine Allen

Download or read book Market Games with Asymmetric Information written by Beth Elaine Allen and published by . This book was released on 1992 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Games with Asymmetric Information

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Market Games with Asymmetric Information by : Beth Elaine Allen

Download or read book Market Games with Asymmetric Information written by Beth Elaine Allen and published by . This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Games with Asymmetric Information

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ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Market Games with Asymmetric Information by : Beth Elaine Allen

Download or read book Market Games with Asymmetric Information written by Beth Elaine Allen and published by . This book was released on 1992 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Transferable Utility Market Games with Asymmetric Informtion

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ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Transferable Utility Market Games with Asymmetric Informtion by : Beth Elaine Allen

Download or read book Transferable Utility Market Games with Asymmetric Informtion written by Beth Elaine Allen and published by . This book was released on 1991 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Incentives in Market Games with Asymmetric Information

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Incentives in Market Games with Asymmetric Information by : Beth Allen

Download or read book Incentives in Market Games with Asymmetric Information written by Beth Allen and published by . This book was released on 1991 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Games with Asymmetric Information

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ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Market Games with Asymmetric Information by : Beth Elaine Allen

Download or read book Market Games with Asymmetric Information written by Beth Elaine Allen and published by . This book was released on 1991 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Incentives in Market Games with Asymmetric Information

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Incentives in Market Games with Asymmetric Information by : Beth Elaine Allen

Download or read book Incentives in Market Games with Asymmetric Information written by Beth Elaine Allen and published by . This book was released on 1992 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Incentives in Market Games with Asymmetric Information

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Incentives in Market Games with Asymmetric Information by : Beth Elaine Allen

Download or read book Incentives in Market Games with Asymmetric Information written by Beth Elaine Allen and published by . This book was released on 1992 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Core of Economies with Asymmetric Information

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Publisher : Springer Science & Business Media
ISBN 13 : 3642584772
Total Pages : 151 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis The Core of Economies with Asymmetric Information by : Ulrich Schwalbe

Download or read book The Core of Economies with Asymmetric Information written by Ulrich Schwalbe and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: and should therefore constitute a part of every area of economic 3 theory. The spectrum covered by information economics today ranges from Stigler's search theory4 to industrial economics, including oligopoly theory, innovation, as well as research and develop 5 ment. However, the area information economics is most closely connected with is the theory of optimal contracts, mainly ana 6 lyzed in principal-agent models. Contract theory deals primar ily with the question of how optimal arrangements (contracts) for the purchase and sale of commodities and services between two or more agents should be structured. In these models, it is often assumed that the parties to the contract are informed differently or asymmetrically about relevant variables (e. g. the health of one party in the case of insurance contracts, or the effort in relation to employment contracts). As a result of this asymmetric in formation, phenomena such as moral hazard, adverse selection, signaling, and screening may arise. Frequently, results from con tract theory are referred to when making statements about the effects of asymmetric information on an economy. Models of this kind are often used to explain phenomena such as fixed wages or unemployment, among others. 7 However, such conclusions must be treated with caution for two reasons. In the first place, in these models, a contract (explicit or implicit) is determined by the solution of an optimization prob lem.

Differential Information Economies

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Publisher : Springer Science & Business Media
ISBN 13 : 3540269797
Total Pages : 656 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Differential Information Economies by : Dionysius Glycopantis

Download or read book Differential Information Economies written by Dionysius Glycopantis and published by Springer Science & Business Media. This book was released on 2005-12-28 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.

Assets, Beliefs, and Equilibria in Economic Dynamics

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Publisher : Springer Science & Business Media
ISBN 13 : 3662058588
Total Pages : 733 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Assets, Beliefs, and Equilibria in Economic Dynamics by : Charalambos D. Aliprantis

Download or read book Assets, Beliefs, and Equilibria in Economic Dynamics written by Charalambos D. Aliprantis and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 733 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of papers dealing with a broad range of topics in mathematical economics, game theory and economic dynamics. The contributions present both theoretical and applied research. The volume is dedicated to Mordecai Kurz. The papers were presented in a special symposium co-hosted by the Stanford University Department of Economics and by the Stanford Institute of Economic Policy Research in August 2002.

Models and Experiments in Risk and Rationality

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Publisher : Springer Science & Business Media
ISBN 13 : 9401722986
Total Pages : 443 pages
Book Rating : 4.4/5 (17 download)

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Book Synopsis Models and Experiments in Risk and Rationality by : Bertrand Munier

Download or read book Models and Experiments in Risk and Rationality written by Bertrand Munier and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social choice. The papers, which were presented at the FUR VI conference, are arranged to appear in order of increasing complexity of the decision environment or social context in which they situate themselves. The first section `Psychological Aspects of Risk-Bearing', considers choice at the purely individual level and for the most part, free of any specific economic or social context. The second section examines individual choice within the classical expected utility approach while the third section works from a perspective that includes non-expected utility preferences over lotteries. Section four, `Multiple Criteria Decision-Making Under Uncertainty', considers the more specialized but crucial context of uncertain choice involving tradeoffs between competing criteria -- a field which is becoming of increasing importance in applied decision analysis. The final two sections examine uncertain choice in social or group contexts.

Topics in Mathematical Economics and Game Theory

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Publisher : American Mathematical Soc.
ISBN 13 : 9780821805251
Total Pages : 306 pages
Book Rating : 4.8/5 (52 download)

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Book Synopsis Topics in Mathematical Economics and Game Theory by : Robert J. Aumann

Download or read book Topics in Mathematical Economics and Game Theory written by Robert J. Aumann and published by American Mathematical Soc.. This book was released on 1999 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of "Theory of Games and Economic Behavior" by von Neumann and Morgenstern, the concept of games has played an increasing role in economics. It also plays a role of growing importance in other sciences, including biology, political science, and psychology. Many scientists have made seminal advances and continue to be leaders in the field, including Harsanyi, Shapley, Shubik, and Selten. Professor Robert Aumann, in addition to his important contributions to game theory and economics, made a number of significant contributions to mathematics. This volume provides a collection of essays in mathematical economics and game theory, including cutting-edge research on noncooperative game theory and its foundations, bargaining theory, and general equilibrium theory. Also included is a reprint of Aumann's classic paper, "Acceptable Points in General Cooperative n-Person Games" and of the oft-cited, yet hard to find, paper by Maschler, "The Worth of a Cooperative Enterprise to Each Member". This book illustrates the wide range of applications of mathematics to economics, game theory, and social choice. The volume is dedicated to Professor Robert J. Aumann, Hebrew University, Jerusalem, Israel, for his contributions in mathematics and social sciences.

On Generic Pareto Improvement in Competitive Economies with Incomplete Asset Structures

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis On Generic Pareto Improvement in Competitive Economies with Incomplete Asset Structures by : Alessandro Citanna

Download or read book On Generic Pareto Improvement in Competitive Economies with Incomplete Asset Structures written by Alessandro Citanna and published by . This book was released on 1993 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strictness, Evolutionary Stability and Repeated Games with Common Interests

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ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Strictness, Evolutionary Stability and Repeated Games with Common Interests by : Dieter Balkenborg

Download or read book Strictness, Evolutionary Stability and Repeated Games with Common Interests written by Dieter Balkenborg and published by . This book was released on 1993 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Durability of Information, Market Efficiency and the Size of Firms

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ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Durability of Information, Market Efficiency and the Size of Firms by : Arthur Fishman

Download or read book The Durability of Information, Market Efficiency and the Size of Firms written by Arthur Fishman and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: