The Theory of Implementation of Socially Optimal Decisions in Economics

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Publisher : Springer
ISBN 13 : 023037283X
Total Pages : 177 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The Theory of Implementation of Socially Optimal Decisions in Economics by : L. Corchon

Download or read book The Theory of Implementation of Socially Optimal Decisions in Economics written by L. Corchon and published by Springer. This book was released on 1996-10-11 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest. The task was to reconcile the Utopian and Hobbesian traditions, using game theory to find ways to organise the society that are both socially optimal and incentive compatible. This book provides a succinct and up-to-date account of this vast literature and will be welcomed by students, lecturers and anyone wishing to update their knowledge of the field.

The Theory of Impletation of Socially Optimal Decisions in Economics

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Publisher :
ISBN 13 :
Total Pages : 165 pages
Book Rating : 4.:/5 (639 download)

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Book Synopsis The Theory of Impletation of Socially Optimal Decisions in Economics by : Luis C. Corchón

Download or read book The Theory of Impletation of Socially Optimal Decisions in Economics written by Luis C. Corchón and published by . This book was released on 1996 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Social Choice and Welfare

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Publisher : Gulf Professional Publishing
ISBN 13 : 9780444829146
Total Pages : 686 pages
Book Rating : 4.8/5 (291 download)

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Book Synopsis Handbook of Social Choice and Welfare by : Kenneth Joseph Arrow

Download or read book Handbook of Social Choice and Welfare written by Kenneth Joseph Arrow and published by Gulf Professional Publishing. This book was released on 2002 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Social Choice and Welfare presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various aspects of Arrovian general impossibility theorems, illustrated by the simple majority cycle first identified by Condorcet, are expounded and evaluated. It also provides a critical survey of the work on different escape routes from impossibility results of this kind. In Part 2 (Voting Schemes and Mechanisms), the operation and performance of voting schemes and cost-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and surveyed. In Part 3 (structure of social choice rules), the positional rules of collective decision-making (the origin of which can be traced back to a seminal proposal by Borda), the game-theoretic aspects of voting in committees, and the implications of making use of interpersonal comparisons of welfare (with or without cardinal measurability) are expounded, and the status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the foundations of measurement of inequality and poverty. In order to place these broad issues (as well as further issues to be discussed in the second volume of the Handbook) in perspective, Kotaro Suzumura has written an extensive introduction, discussing the historical background of social choice theory, the vistas opened by Arrow's Social Choice and Individual Values, the famous "socialist planning" controversy, and the theoretical and practical significance of social choice theory. The primary purpose of this Handbook is to provide an accessible introduction to the current state of the art in social choice theory and welfare economics. The expounded theory has a strong and constructive message for pursuing human well-being and facilitating collective decision-making. *Advances economists' understanding of recent advances in social choice and welfare *Distills and applies research to a wide range of social issues *Provides analytical material for evaluating new scholarship *Offers consolidated reviews and analyses of scholarship in a framework that encourages synthesis--

OPTIMIZATION AND OPERATIONS RESEARCH – Volume III

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Publisher : EOLSS Publications
ISBN 13 : 1905839502
Total Pages : 438 pages
Book Rating : 4.9/5 (58 download)

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Book Synopsis OPTIMIZATION AND OPERATIONS RESEARCH – Volume III by : Ulrich Derigs

Download or read book OPTIMIZATION AND OPERATIONS RESEARCH – Volume III written by Ulrich Derigs and published by EOLSS Publications. This book was released on 2009-02-09 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimization and Operations Research is a component of Encyclopedia of Mathematical Sciences in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The Theme on Optimization and Operations Research is organized into six different topics which represent the main scientific areas of the theme: 1. Fundamentals of Operations Research; 2. Advanced Deterministic Operations Research; 3. Optimization in Infinite Dimensions; 4. Game Theory; 5. Stochastic Operations Research; 6. Decision Analysis, which are then expanded into multiple subtopics, each as a chapter. These four volumes are aimed at the following five major target audiences: University and College students Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers and NGOs.

Nobel Lectures In Economic Sciences (2006-2010)

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Publisher : World Scientific
ISBN 13 : 9814635596
Total Pages : 368 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Nobel Lectures In Economic Sciences (2006-2010) by : Bertil Holmlund

Download or read book Nobel Lectures In Economic Sciences (2006-2010) written by Bertil Holmlund and published by World Scientific. This book was released on 2014-11-28 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1968, Sveriges Riksbank (Sweden's central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The Prize in Economic Sciences is awarded by the Royal Swedish Academy of Sciences, Stockholm, according to the same principles as for the Nobel Prizes that have been awarded since 1901. This volume is a collection of the Nobel lectures delivered by the prizewinners, together with their biographies and the presentation speeches, for the period 2006-2010.List of prizewinners and their award citations:(2006) Edmund S Phelps — for his analysis of intertemporal tradeoffs in macroeconomic policy;(2007) Leonid Hurwicz, Eric S Maskin and Roger B Myerson — for having laid the foundations of mechanism design theory;(2008) Paul Krugman — for his analysis of trade patterns and location of economic activity;(2009) Elinor Ostrom — for her analysis of economic governance, especially the commons, and Oliver E Williamson — for his analysis of economic governance, especially the boundaries of the firm;(2010) Peter A Diamond, Dale T Mortensen and Christopher A Pissarides — for their analysis of markets with search frictions.

FUNDAMENTAL ECONOMICS – Volume I

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Publisher : EOLSS Publications
ISBN 13 : 1848263155
Total Pages : 514 pages
Book Rating : 4.8/5 (482 download)

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Book Synopsis FUNDAMENTAL ECONOMICS – Volume I by : Mukul Majumdar

Download or read book FUNDAMENTAL ECONOMICS – Volume I written by Mukul Majumdar and published by EOLSS Publications. This book was released on 2010-12-12 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamental Economics in two volumes is a component of Encyclopedia of Social Sciences and Humanities in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The Theme discusses on Fundamental Economics, Walrasian and Non-Walrasian Microeconomics, Strategic Behavior, The Economics of Bargaining, Economic Exernalities, Public Goods, Macroeconomics, Decision Making Under Uncertainty, Development Economics and many other related topics. These two volumes are aimed at the following five major target audiences: University and College Students Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers, NGOs and GOs.

Welfare Economics

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Publisher : Springer
ISBN 13 : 1403944067
Total Pages : 366 pages
Book Rating : 4.4/5 (39 download)

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Book Synopsis Welfare Economics by : Y. Ng

Download or read book Welfare Economics written by Y. Ng and published by Springer. This book was released on 2003-12-19 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. The remarkable conclusion of treating a dollar as a dollar provides a powerful simplification of public policy formulation in general and in cost-benefit analysis in particular.

Advances in Control, Communication Networks, and Transportation Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 0817644091
Total Pages : 380 pages
Book Rating : 4.8/5 (176 download)

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Book Synopsis Advances in Control, Communication Networks, and Transportation Systems by : Eyad H. Abed

Download or read book Advances in Control, Communication Networks, and Transportation Systems written by Eyad H. Abed and published by Springer Science & Business Media. This book was released on 2006-09-10 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unified volume is a collection of invited articles on topics presented at the Symposium on Systems, Control, and Networks, held in Berkeley June 5–7, 2005, in honor of Pravin Varaiya on his 65th birthday. Varaiya is an eminent faculty member of the University of California at Berkeley, widely known for his seminal contributions in areas as diverse as stochastic systems, nonlinear and hybrid systems, distributed systems, communication networks, transportation systems, power networks, economics, optimization, and systems education. The book will serve as an excellent resource for practicing and research engineers, applied mathematicians, and graduate students working in such areas as communication networks, sensor networks, transportation systems, control theory, hybrid systems, and applications.

Contests

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Publisher : Cambridge University Press
ISBN 13 : 1009504428
Total Pages : 239 pages
Book Rating : 4.0/5 (95 download)

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Book Synopsis Contests by : Carmen Beviá

Download or read book Contests written by Carmen Beviá and published by Cambridge University Press. This book was released on 2024-05-31 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way to understand economic problems that complement the traditional views and expand subjects that social scientists should consider.

Incentives

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Publisher : Cambridge University Press
ISBN 13 : 1108547958
Total Pages : 700 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Incentives by : Donald E. Campbell

Download or read book Incentives written by Donald E. Campbell and published by Cambridge University Press. This book was released on 2018-02-22 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt: When incentives work well, individuals prosper. When incentives are poor, the pursuit of self-interest is self-defeating. This book is wholly devoted to the topical subject of incentives from individual, collective, and institutional standpoints. This third edition is fully updated and expanded, including a new section on the 2007–08 financial crisis and a new chapter on networks as well as specific applications of school placement for students, search engine ad auctions, pollution permits, and more. Using worked examples and lucid general theory in its analysis, and seasoned with references to current and past events, Incentives: Motivation and the Economics of Information examines: the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs; the performance of institutions, from voting schemes to medical panels deciding who gets kidney transplants; a wide range of market transactions, from auctions to labor markets to the entire economy. Suitable for advanced undergraduate and graduate students studying incentives as part of courses in microeconomics, economic theory, managerial economics, political economy, and related areas of social science.

Cohesion and Growth

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Publisher : Routledge
ISBN 13 : 1317539605
Total Pages : 311 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Cohesion and Growth by : Willem Molle

Download or read book Cohesion and Growth written by Willem Molle and published by Routledge. This book was released on 2015-05-15 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: To combat economic disparity and low growth, the European Union has established an integrated policy system that pursues increased cohesion and smart, sustainable, and inclusive growth. This integrated approach is realized through thousands of development projects and takes up more than a third of the total budget of the European Union. Despite its significance, the policy is subject to many misunderstandings and there is a lot of controversy surrounding its effectiveness. Cohesion and Growth seeks to bring clarity to these issues. It presents both the theoretical and practical aspects of EU intervention, a critical contribution to the understanding of the anatomy of the problems and the way to apply effective solutions to them, and a systematic view of the issues at each of the subsequent stages of the whole policy cycle. Offering an authoritative analysis of the problems and debates involved, this book is essential reading for students, policy makers, project promoters and researchers concerned with this key area of European policy making.

The Technological Introject

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Publisher : Fordham Univ Press
ISBN 13 : 0823278220
Total Pages : 312 pages
Book Rating : 4.8/5 (232 download)

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Book Synopsis The Technological Introject by : Jeffrey Champlin

Download or read book The Technological Introject written by Jeffrey Champlin and published by Fordham Univ Press. This book was released on 2018-01-02 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Technological Introject explores the futures opened up across the humanities and social sciences by the influential media theorist Friedrich Kittler. Joining the German tradition of media studies and systems theory to the Franco-American theoretical tradition marked by poststructuralism, Kittler’s work has redrawn the boundaries of disciplines and of scholarly traditions. The contributors position Kittler in relation to Marshall McLuhan, Jacques Derrida, discourse analysis, film theory, and psychoanalysis. Ultimately, the book shows the continuing relevance of the often uncomfortable questions Kittler opened up about the cultural production and its technological entanglements.

European Cohesion Policy

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Publisher : Routledge
ISBN 13 : 113407199X
Total Pages : 489 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis European Cohesion Policy by : Willem Molle

Download or read book European Cohesion Policy written by Willem Molle and published by Routledge. This book was released on 2007-08-07 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only comprehensive text available for advanced study and professional reference, this book brings much needed clarity to both the theoretical and practical aspects of EU intervention. Integrating both theoretical and practical research in a clear and accessible structure, covering economic, social and territorial issues European Cohesion Policy provides a systematic view of the various stages of the whole policy cycle, looking in detail at: the evolution of the problems the design of the policy system the implementation in practice the evaluation of effects . An authoritative analysis of the problems and debates involved, European Cohesion Policy is essential reading for students, policy makers, development workers and researchers working in all aspects of European policy.

Handbook of Social Choice and Welfare

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Author :
Publisher : North Holland
ISBN 13 :
Total Pages : 690 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Handbook of Social Choice and Welfare by : Kenneth J. Arrow

Download or read book Handbook of Social Choice and Welfare written by Kenneth J. Arrow and published by North Holland. This book was released on 2002-08-15 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of two volumes, 'The Handbook of Social Choice and Welfare' contains a series of essays that examine past and on-going social choice theory and welfare economics. It provides a means to making collective decisions on such issues.

European Cohesion Policy

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Author :
Publisher : Routledge
ISBN 13 : 1134072007
Total Pages : 368 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis European Cohesion Policy by : Willem Molle

Download or read book European Cohesion Policy written by Willem Molle and published by Routledge. This book was released on 2007-08-07 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only comprehensive text available for advanced study and professional reference, this book brings much needed clarity to both the theoretical and practical aspects of EU intervention. Integrating both theoretical and practical research in a clear and accessible structure, covering economic, social and territorial issues European Cohesion Policy provides a systematic view of the various stages of the whole policy cycle, looking in detail at: the evolution of the problems the design of the policy system the implementation in practice the evaluation of effects . An authoritative analysis of the problems and debates involved, European Cohesion Policy is essential reading for students, policy makers, development workers and researchers working in all aspects of European policy.

Theories of Imperfectly Competitive Markets

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Publisher : Springer Science & Business Media
ISBN 13 : 3662044986
Total Pages : 186 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Theories of Imperfectly Competitive Markets by : Luis C. Corchon

Download or read book Theories of Imperfectly Competitive Markets written by Luis C. Corchon and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ambition of the theory of imperfectly competitive markets is to explain the working of markets in which the issue of strategic interaction among firms is central. Our analysis of this problem will be based on equilibrium concepts borrowed from Game Theory. This research program arises several questions on its feasibility like the empirical relevance of the results, the substantial theoretical insights obtained in this way, etc. Unfortunately, most of these questions can not be answered in the short run. This book is written in the hope that this research strategy is meaningful, but about its final success no body can tell. Another important question is if simpler models could deliver the essential insights offered by the theory of imperfectly competitive mar kets. This Introduction will be devoted to argue that, currently, there is no alternative to the approach presented in this book. Consider the following fact: A square inch of soil in the Explanada of Ali cante (located in front of the sea, right in the middle of downtown) cost several times more than a square inch of soil in San Vicente del Raspeig (located sev eral miles toward the interior of the peninsula). l How can we explain such a thing? First notice that because of the large quantity of possible traders involved in this market, we can safely assume that any agent has to accept the market price, i. e. is a price-taker.

Journal of Economic Theory

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Publisher :
ISBN 13 :
Total Pages : 810 pages
Book Rating : 4.0/5 (531 download)

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Book Synopsis Journal of Economic Theory by : Pennsylvania

Download or read book Journal of Economic Theory written by Pennsylvania and published by . This book was released on 1999 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: