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Author : Been-Lon Chen
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (318 download)
Download or read book Two Essays on Search Equilibrium Model written by Been-Lon Chen and published by . This book was released on 1991 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ronald Paul Wolthoff
Publisher : Rozenberg Publishers
ISBN 13 : 9051709285
Total Pages : 195 pages
Book Rating : 4.0/5 (517 download)
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:
Author : Christopher A. Pissarides
Publisher : MIT Press
ISBN 13 : 0262264064
Total Pages : 273 pages
Book Rating : 4.2/5 (622 download)
Download or read book Equilibrium Unemployment Theory, second edition written by Christopher A. Pissarides and published by MIT Press. This book was released on 2000-03-02 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the "natural" rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest of the book has been extensively rewritten and, in several cases, simplified.
Author : Silva Deželan
Publisher : Rozenberg Publishers
ISBN 13 : 9051708289
Total Pages : 157 pages
Book Rating : 4.0/5 (517 download)
Download or read book Essays on Consumer Search and Interlocking Directorates written by Silva Deželan and published by Rozenberg Publishers. This book was released on 2001 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information is crucial to make good decisions, but obtaining and providing information often comes at a cost. Consumers and firms both need to balance these costs and benefits of obtaining and providing information in order to make the best decisions. The research in this thesis investigates several questions that pertain to the acquisition and provision of information. In the first part of this thesis it is assumed that consumers are not fully informed about the prices or availability of a product they want to buy. Consumers can search for information, but this comes at a cost. At the same time, shops can influence these costs. In the first two studies in this part, shops have the possibility to advertise. An advertisement provides information to consumers and reduces the search costs. We investigate, among other things, the pricing behavior of shops and the relation between search and advertising. The third study in this part of the thesis considers the location choice of shops. Locating together in a shopping mall reduces the search costs of consumers. This increases the competition between shops and lowers the prices, but we show that at the same time the sales volume increases. The total effect of locating together on profits is generally positive. The second part of this thesis considers director ties (also named interlocks). A director who has several directorships in different firms can serve as an information bridge between the different firms. At the same time, interlocking directors are busy and form a homogenous group. Data from the Netherlands show that in The Netherlands the positive information providing effect of interlocks is outweighed by a negative busyness and homogenous group effect.
Author : Martin Shubik
Publisher : MIT Press
ISBN 13 : 9780262693110
Total Pages : 472 pages
Book Rating : 4.6/5 (931 download)
Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author : Alexei Parakhonyak
Publisher : Rozenberg Publishers
ISBN 13 : 9036101786
Total Pages : 139 pages
Book Rating : 4.0/5 (361 download)
Download or read book Essays on Consumer Search, Dynamic Competition and Regulation written by Alexei Parakhonyak and published by Rozenberg Publishers. This book was released on 2010 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steven Sullivan
Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (89 download)
Download or read book Three Essays in the Application of Search Theory to Macroeconomics written by Steven Sullivan and published by . This book was released on 1991 with total page 212 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 : Marco Bontje
Publisher : Rozenberg Publishers
ISBN 13 : 9051705565
Total Pages : 184 pages
Book Rating : 4.0/5 (517 download)
Download or read book The Challenge of Planned Urbanisation written by Marco Bontje and published by Rozenberg Publishers. This book was released on 2001 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the urbanisation and national urbanisatio policy in the Netherlands in a northwest-European perspective.
Author : Hollis B. Chenery
Publisher : Academic Press
ISBN 13 : 1483257916
Total Pages : 611 pages
Book Rating : 4.4/5 (832 download)
Download or read book Economic Structure and Performance written by Hollis B. Chenery and published by Academic Press. This book was released on 2014-05-10 with total page 611 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Structure and Performance: Essays in Honor of Hollis B. Chenery briefly reviews the work of Hollis Chenery in the field of economics. This book discusses the underlying themes in Chenery's work, including structure, strategy, adjustment, and models. Organized into four parts encompassing 26 chapters, this book begins with an overview of the patterns of structural change and their relation to growth. This text then examines the objectives, measures, and implementation of policy, as well as administrative capabilities and cultural characteristics. Other chapters compare Chenery's econometric analysis of development patterns with the historical analyses and suggest that the two approaches complement each other. This book discusses as well the persistence of disequilibrium in segments of the economy. The final chapter deals with simple criteria for detecting critical interdependencies and a formula for measuring their welfare consequences. This book is a valuable resource for economists, industrialists, foreign capitalists, and social scientists.
Author : 中央研究院. 經濟研究所
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.F/5 ( download)
Download or read book 中央研究院經濟研究所 written by 中央研究院. 經濟研究所 and published by . This book was released on 1994 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Willem H. Buiter
Publisher : Manchester University Press
ISBN 13 : 9780719029929
Total Pages : 392 pages
Book Rating : 4.0/5 (299 download)
Download or read book Macroeconomic Theory and Stabilization Policy written by Willem H. Buiter and published by Manchester University Press. This book was released on 1989 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard E. Quandt
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543176
Total Pages : 876 pages
Book Rating : 4.5/5 (431 download)
Download or read book The Collected Essays of Richard E. Quandt written by Richard E. Quandt and published by Edward Elgar Publishing. This book was released on 1992-01-01 with total page 876 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Richard Quandt has made a major contribution to the development of economics in the 20th century. The range and significance of his work has long required a collection of his essays which will allow his contribution to be assessed as a whole. Despite an early interest in microeconomic theory, Richard Quandt has devoted most of his career to econometrics and, in particular, modal split estimation. More recently his work has focused on the econometrics of disequilibrium models with reference to both free market and planned economies. As well as outlining his many articles in microtheory, general econometrics, disequilibrium modeling, financial economics and the economics of planned economies, this collection should have a particular value for all scholars interested in the emergence of the new economies in Eastern Europe, a subject to which Professor Quandt has applied himself in recent years. This book includes an introduction by Professor Quandt describing his early life in Budapest and the circumstances which led him to study economics in America.
Author : George C. Bitros
Publisher : Springer
ISBN 13 : 3319521683
Total Pages : 279 pages
Book Rating : 4.3/5 (195 download)
Download or read book Democracy and an Open-Economy World Order written by George C. Bitros and published by Springer. This book was released on 2017-04-12 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume explore several key issues facing democracies today. They discuss the dilemma of how to protect civil liberties and individual freedoms in the light of external threats and assess the policies adopted by governments in this area. The book also addresses the question of how free, exactly, free markets should be in an economy in order to secure social peace, before going on to highlight the rudiments of the model of social market economy, as applied in Germany. It examines the problem of the democratic and legitimacy deficits that beset European integration and suggests reforms for a more democratic European Union. Last but not least, by looking back in history, they provide evidence and propose policies for the revitalization of institutions in present-day democracies. The book is of considerable interest to researchers and students in economics and political science, as well as to readers who wish to gain insights into the thorny social issues involved.
Author : Vernon L. Smith
Publisher : Cambridge University Press
ISBN 13 : 1139466461
Total Pages : 384 pages
Book Rating : 4.1/5 (394 download)
Download or read book Rationality in Economics written by Vernon L. Smith and published by Cambridge University Press. This book was released on 2007-11-05 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied in two-person games, cooperation exceeds the prediction of traditional game theory. This book relates these two findings to field studies and applications and integrates them with the main themes of the Scottish Enlightenment and with the thoughts of F. A. Hayek: through emergent socio-economic institutions and cultural norms, people achieve ends that are unintended and poorly understood. In cultural changes, the role of constructivism, or reason, is to provide variation, and the role of ecological processes is to select the norms and institutions that serve the fitness needs of societies.
Author : Jagdish N. Bhagwati
Publisher : MIT Press
ISBN 13 : 9780262022293
Total Pages : 344 pages
Book Rating : 4.0/5 (222 download)
Download or read book Essays in Development Economics: Wealth and poverty written by Jagdish N. Bhagwati and published by MIT Press. This book was released on 1985 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume I, Wealth and Poverty, addresses domestic or internal development problems.
Author : A.G. Malliaris
Publisher : North Holland
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.:/5 (321 download)
Download or read book Stochastic Methods in Economics and Finance written by A.G. Malliaris and published by North Holland. This book was released on 1982 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory and application of a variety of mathematical techniques in economics are presented in this volume. Topics discussed include: martingale methods, stochastic processes, optimal stopping, the modeling of uncertainty using a Wiener process, Itô's Lemma as a tool of stochastic calculus, and basic facts about stochastic differential equations. The notion of stochastic ability and the methods of stochastic control are discussed, and their use in economic theory and finance is illustrated with numerous applications. The applications covered include: futures, pricing, job search, stochastic capital theory, stochastic economic growth, the rational expectations hypothesis, a stochastic macroeconomic model, competitive firm under price uncertainty, the Black-Scholes option pricing theory, optimum consumption and portfolio rules, demand for index bonds, term structure of interest rates, the market risk adjustment in project valuation, demand for cash balances and an asset pricing model.
