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Author : Lars Peter Jennergren
Publisher :
ISBN 13 :
Total Pages : 348 pages
Book Rating : 4.F/5 ( download)
Download or read book Studies in the Mathematical Theory of Decentralized Resource-allocation written by Lars Peter Jennergren and published by . This book was released on 1972 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lars Peter Jennergren
Publisher :
ISBN 13 :
Total Pages : 320 pages
Book Rating : 4.:/5 (637 download)
Download or read book Studies in the Mathematical Theory of Decentralized Resource - Allocations written by Lars Peter Jennergren and published by . This book was released on 1971 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kenneth J. Arrow
Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (227 download)
Download or read book Team Theory and Decentralized Resource Allocation written by Kenneth J. Arrow and published by . This book was released on 1982 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The traditional discussion of the price system and alternative forms of decentralized resource allocation in organizations and entire economics has an ambivalent attitude to the ease of transferring information from one locus in the economic system to another. On the one hand, the very need for decentralization is based on the assumption that the transmission of information is costly. If this were not so, there would be no reason not to transfer all information on the availability of resources and the technology of production to one place and compute at one stroke the optimum allocation of resources. On the other hand, the literature has tended to seek algorithms which, in some sense, minimize the amount of information transferred but which at the same time yield in the end the fully optimal allocation of resources. In short, there is no true trade-off between information costs and other resource costs.
Author : Lars Peter Jennergren
Publisher :
ISBN 13 :
Total Pages : 350 pages
Book Rating : 4.3/5 (555 download)
Download or read book Studies in the Mathematical Theory of Decentralized Resource-allocation written by Lars Peter Jennergren and published by . This book was released on 1971 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mukul Majumdar
Publisher : CRC Press
ISBN 13 : 0429722516
Total Pages : 205 pages
Book Rating : 4.4/5 (297 download)
Download or read book Decentralization In Infinite Horizon Economies written by Mukul Majumdar and published by CRC Press. This book was released on 2019-03-07 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarizes some issues involved in developing a theory of decentralized resource allocation mechanism in infinite horizon economies. It constitutes a definitive account of cutting-edge research on a topic of continuing importance in price theory. .
Author : Samiran Banerjee
Publisher : Oxford University Press
ISBN 13 : 0199313288
Total Pages : 407 pages
Book Rating : 4.1/5 (993 download)
Download or read book The Collected Papers of Leonid Hurwicz written by Samiran Banerjee and published by Oxford University Press. This book was released on 2022 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Funded in part by The Heller-Hurwicz Economics Institute, University of Minnesota"--Title page.
Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349202150
Total Pages : 321 pages
Book Rating : 4.3/5 (492 download)
Download or read book Allocation, Information and Markets written by John Eatwell and published by Springer. This book was released on 1989-09-21 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.
Author : Kenneth J. Arrow
Publisher : Cambridge University Press
ISBN 13 : 9780521034005
Total Pages : 0 pages
Book Rating : 4.0/5 (34 download)
Download or read book Studies in Resource Allocation Processes written by Kenneth J. Arrow and published by Cambridge University Press. This book was released on 2007-02-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets.
Author :
Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Author : Dr. Charles O. Usigbe
Publisher : Xlibris Corporation
ISBN 13 :
Total Pages : 207 pages
Book Rating : 4.3/5 (694 download)
Download or read book The Effect of Information Cost upon the Efficient Allocation of Resources: A Comparative Approach written by Dr. Charles O. Usigbe and published by Xlibris Corporation. This book was released on 2024-08-28 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s information-driven economy, the cost of acquiring, processing, and disseminating information significantly impacts resource allocation efficiency. This book delves into the intricate relationship between information costs and economic decision-making, providing a comprehensive analysis through both quantitative and qualitative methodologies. Explore key themes such as: The components of information cost, including acquisition, processing, dissemination, search, and transaction costs. Case studies highlighting the challenges and innovations in healthcare, education, and rural development sectors. Theoretical frameworks and econometric models that illustrate the dynamic interplay between information costs and resource allocation. Practical insights and policy recommendations for reducing information costs and enhancing economic efficiency. This book is an essential read for policymakers, industry experts, academic researchers, and anyone interested in understanding how information costs shape economic outcomes in various sectors.
Author : Richard M. Burton
Publisher : Springer Science & Business Media
ISBN 13 : 1461522854
Total Pages : 286 pages
Book Rating : 4.4/5 (615 download)
Download or read book Design Models for Hierarchical Organizations written by Richard M. Burton and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Design Models for Hierarchical Organizations: Computation, Information, and Decentralization provides state-of-the-art research on organizational design models, and in particular on mathematical models. Each chapter views the organization as an information processing entity. Thus, mathematical models are used to examine information flow and decision procedures, which in turn, form the basis for evaluating organization designs. Each chapters stands alone as a contribution to organization design and the modeling approach to design. Moreover, the chapters fit together and that totality gives us a good understanding of where we are with this approach to organizational design issues and where we should focus our research efforts in the future.
Author : Peter J. Boettke
Publisher : Taylor & Francis
ISBN 13 : 9780415216586
Total Pages : 160 pages
Book Rating : 4.2/5 (165 download)
Download or read book Socialism and the Market: Mechanism design theory and the allocation of resources written by Peter J. Boettke and published by Taylor & Francis. This book was released on 2000 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 548 pages
Book Rating : 4.3/5 (91 download)
Download or read book Management Science written by and published by . This book was released on 2000-09 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues for Feb. 1965-Aug. 1967 include Bulletin of the Institute of Management Sciences.
Author : Pieter H.M. Ruys
Publisher : Springer
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.3/5 (91 download)
Download or read book Public Goods and Decentralization written by Pieter H.M. Ruys and published by Springer. This book was released on 1974-07-31 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic study of the economics and mathematics of public expenditure and resource allocation, with particular reference to the decentralization of economic planning and decision making - includes a bibliography pp. 223 to 230.
Author : Michael D. Intriligator
Publisher :
ISBN 13 :
Total Pages : 600 pages
Book Rating : 4.F/5 ( download)
Download or read book Frontiers of Quantitative Economics written by Michael D. Intriligator and published by . This book was released on 1971 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Charalambos D. Aliprantis
Publisher : Springer Science & Business Media
ISBN 13 : 3662058588
Total Pages : 733 pages
Book Rating : 4.6/5 (62 download)
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.
Author : Leonid Hurwicz
Publisher :
ISBN 13 :
Total Pages : 7 pages
Book Rating : 4.:/5 (227 download)
Download or read book Decentralization, Resource Allocation, and Demand Theory written by Leonid Hurwicz and published by . This book was released on 1968 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: The project had dealt with a number of problems in the general area of mathematical economics and econometrics. The main effort was devoted to problems of structure of resource allocation mechanisms. In particular the question of decentralizability of such systems was studied in relation to the characteristics of the economic environment. Among results obtained are proofs on the workability (convergence, etc.) of certain stochastic adjustment processes under rather broad environmental circumstances. On the other hand, 'impossibility theorems' have been established for certain situations involving externalities. A considerable amount of effort was devoted to the study of the relationship between market demand functions and the possibility of explaining such functions by some maximization process. This was done from both the 'revealed preference' point of view and in terms of integrability conditions. (Author).
