Arbitrage Gains From Trade And Social Diversity

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Social Choice Re-examined

Author : Kotaro Suzumura
Publisher : Springer
ISBN 13 : 1349258490
Total Pages : 226 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Social Choice Re-examined by : Kotaro Suzumura

Download or read book Social Choice Re-examined written by Kotaro Suzumura and published by Springer. This book was released on 1997-10-13 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since World War II the subject of social choice has grown in many and surprising ways. The impossibility theorems have suggested many directions: mathematical characterisations of voting structures satisfying various sets of conditions, the consequences of restricting choice to certain domaines, the relation to competitive equilibrium and the core, and trade-offs among the partial satisfactions of some conditions. The links with classical and modern theories of justice and, in particular, the competing ideas of rights and utilitarianism have shown the power of formal social choice analysis in illuminating the most basic philosophical arguments about the good social life. Finally, the ideals of the just society meet with the play of self interest; social choice mechanisms can lend themselves to manipulation, and the analysis of conditions under which given ideals can be realised under self interest is a political parallel to the welfare economics of the market. The contributors to these volumes focus on these issues at the forefront of current research.

Topology and Markets

Author : Graciela Chichilnisky
Publisher : American Mathematical Soc.
ISBN 13 : 0821810715
Total Pages : 124 pages
Book Rating : 4.8/5 (218 download)

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Book Synopsis Topology and Markets by : Graciela Chichilnisky

Download or read book Topology and Markets written by Graciela Chichilnisky and published by American Mathematical Soc.. This book was released on 1998 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the proceedings of a workshop on geometry, topology, and markets held at The Fields Institute. The workshop was attended by eminent mathematicians and financial and economic theorists. Using a topological approach, the volume discusses new mathematics and its applications to social sciences and financial markets. Topics addressed at the workshop included new topological invariants for existence, characterization and computation of market equilibria and their relation to social choice and to other forms of resource allocation, competitive and co-operative systems, algebraic geometry and markets with increasing returns, computational complexity, and stochastic processes and financial markets.

General Equilibrium

Author : W. D. A. Bryant
Publisher : World Scientific
ISBN 13 : 9812818340
Total Pages : 492 pages
Book Rating : 4.8/5 (128 download)

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Book Synopsis General Equilibrium by : W. D. A. Bryant

Download or read book General Equilibrium written by W. D. A. Bryant and published by World Scientific. This book was released on 2010 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book focuses on the foundations of general equilibrium theory, more specifically on the existence, uniqueness, stability, optimality and comparative static properties of equilibrium states. It also explores the question of the empirical relevance of equilibrium states. It highlights a series of 'relationship conditions' which are essential for the existence of equilibrium, but appear in optimality results." -- PUBLISHER WEBSITE.

The Theory of Committees and Elections by Duncan Black and Committee Decisions with Complementary Valuation by Duncan Black and R.A. Newing

Download The Theory of Committees and Elections by Duncan Black and Committee Decisions with Complementary Valuation by Duncan Black and R.A. Newing PDF Online Free

Author : Iain S. McLean
Publisher : Springer Science & Business Media
ISBN 13 : 9401148600
Total Pages : 492 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis The Theory of Committees and Elections by Duncan Black and Committee Decisions with Complementary Valuation by Duncan Black and R.A. Newing by : Iain S. McLean

Download or read book The Theory of Committees and Elections by Duncan Black and Committee Decisions with Complementary Valuation by Duncan Black and R.A. Newing written by Iain S. McLean and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: R. H. Coase Duncan Black was a close and dear friend. A man of great simplicity, un worldly, modest, diffident, with no pretensions, he was devoted to scholarship. In his single-minded search for the truth, he is an example to us all. Black's first degree at the University of Glasgow was in mathematics and physics. Mathematics as taught at Glasgow seems to have been designed for engineers and did not excite him and he switched to economics, which he found more congenial. But it was not in a lecture in economics but in one on politics that he found his star. One lecturer, A. K. White, discussed the possibility of constructing a pure science of politics. This question caught his imagination, perhaps because of his earlier training in physics, and it came to absorb his thoughts for the rest of his life. But almost certainly nothing would have come of it were it not for his appointment to the newly formed Dundee School of Economics where the rest of the. teaching staff came from the London School of Economics. At Glasgow, economics, as in the time of Adam Smith, was linked with moral philosophy. At Dundee, Black was introduced to the analytical x The Theory o/Committees and Elections approach dominant at the London School of Economics. This gave him the approach he used in his attempt to construct a pure science of politics.

The Economics of the Global Environment

Author : Graciela Chichilnisky
Publisher : Springer
ISBN 13 : 3319319434
Total Pages : 640 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis The Economics of the Global Environment by : Graciela Chichilnisky

Download or read book The Economics of the Global Environment written by Graciela Chichilnisky and published by Springer. This book was released on 2017-05-18 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book combining research on the Global Environment, Catastrophic Risks and Economic Theory and Policy. Modern economic theory originated in the middle of the twentieth century when industrial expansion coupled with population growth led to a voracious use of natural resources and global environmental concerns. It is uncontested that, for the first time in recorded history, humans dominate the planet, changing the planet's atmosphere, its bodies of water, and the complex web of species that makes life on earth. This radical change in circumstances led to rethinking of the foundations of human organization and, in particular, the industrial economy and the economic theory behind it. This book brings together new approaches on multiple levels: environmental sustainability requires rethinking in terms of economic theory and policy as well as the considerations of catastrophic risk and extremal events. Leading experts address questions of economic governance, risk management, policy decision making and distribution across time and space.

Domain Conditions in Social Choice Theory

Author : Wulf Gaertner
Publisher : Cambridge University Press
ISBN 13 : 1139430165
Total Pages : 167 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Domain Conditions in Social Choice Theory by : Wulf Gaertner

Download or read book Domain Conditions in Social Choice Theory written by Wulf Gaertner and published by Cambridge University Press. This book was released on 2001-09-06 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wulf Gaertner provides a comprehensive account of an important and complex issue within social choice theory: how to establish a social welfare function while restricting the spectrum of individual preferences in a sensible way. Gaertner's starting point is K. J. Arrow's famous 'Impossibility Theorem', which showed that no welfare function could exist if an unrestricted domain of preferences is to be satisfied together with some other appealing conditions. A number of leading economists have tried to provide avenues out of this 'impossibility' by restricting the variety of preferences: here, Gaertner provides a clear and detailed account, using standardized mathematical notation, of well over forty theorems associated with domain conditions. Domain Conditions in Social Choice Theory will be an essential addition to the library of social choice theory for scholars and their advanced graduate students.

Reflections of Eminent Economists

Author : Michael Szenberg
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845423636
Total Pages : 488 pages
Book Rating : 4.4/5 (236 download)

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Book Synopsis Reflections of Eminent Economists by : Michael Szenberg

Download or read book Reflections of Eminent Economists written by Michael Szenberg and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'We are indebted to Michael Szenberg's persuasive powers in eliciting the self-analyses of economists . . . For these insights, the budding economist as well as the historian of thought should be grateful.' - From the foreword by Kenneth J. Arrow

Individual and Collective Choice and Social Welfare

Author : Constanze Binder
Publisher : Springer
ISBN 13 : 366246439X
Total Pages : 374 pages
Book Rating : 4.6/5 (624 download)

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Book Synopsis Individual and Collective Choice and Social Welfare by : Constanze Binder

Download or read book Individual and Collective Choice and Social Welfare written by Constanze Binder and published by Springer. This book was released on 2015-04-22 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume explore various issues relating to theories of individual and collective choice, and theories of social welfare. The topics include individual and collective rationality, motivation and intention in economics, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these fields.

Handbook of Short Selling

Author :
Publisher : Academic Press
ISBN 13 : 0123877253
Total Pages : 625 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Handbook of Short Selling by :

Download or read book Handbook of Short Selling written by and published by Academic Press. This book was released on 2011-08-31 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive examination of short selling, which is a bet on stocks declining in value, explores the ways that this strategy drives financial markets. Its focus on short selling by region, its consideration of the history and regulations of short selling, and its mixture of industry and academic perspectives clarify the uses of short selling and dispel notions of its destructive implications. With contributions from around the world, this volume sheds new light on the ways short selling uncovers market forces and can yield profitable trades. - Combines academic and professional research on short selling in all major financial markets - Emphasizes details about strategies, implementations, regulation, and tax advantages - Chapters provide summaries for readers who want up-to-date maps of subject landscapes

Markets, Information and Uncertainty

Author : Kenneth Joseph Arrow
Publisher : Cambridge University Press
ISBN 13 : 9780521553551
Total Pages : 412 pages
Book Rating : 4.5/5 (535 download)

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Book Synopsis Markets, Information and Uncertainty by : Kenneth Joseph Arrow

Download or read book Markets, Information and Uncertainty written by Kenneth Joseph Arrow and published by Cambridge University Press. This book was released on 1999-01-28 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading theorists offer insights on the role of uncertainty and information in the market.

Topics in Mathematical Economics and Game Theory

Author : Robert J. Aumann
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.

Topological Social Choice

Author : Geoffrey Heal
Publisher : Springer Science & Business Media
ISBN 13 : 3642608914
Total Pages : 216 pages
Book Rating : 4.6/5 (426 download)

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Book Synopsis Topological Social Choice by : Geoffrey Heal

Download or read book Topological Social Choice written by Geoffrey Heal and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The origins of this volume can be traced back to a conference on "Ethics, Economic and Business" organized by Columbia Busi ness School in March of 1993, and held in the splendid facilities of Columbia's Casa Italiana. Preliminary versions of several of the papers were presented at that meeting. In July 1994 the Fields Institute of Mathematical Sciences sponsored a workshop on "Geometry, Topology and Markets": additional papers and more refined versions of the original papers were presented there. They were published in their present versions in Social Choice and Wel fare, volume 14, number 2, 1997. The common aim of these workshops and this volume is to crystallize research in an area which has emerged rapidly in the last fifteen years, the area of topological approaches to social choice and the theory of games. The area is attracting increasing interest from social choice theorists, game theorists, mathematical econ omists and mathematicians, yet there is no authoritative collection of papers in the area. Nor is there any surveyor book to give a perspective and act as a guide to the issues in and contributions to this new area. One of the two aims of this volume is in some measure to play this role: the other aim is of course to present interesting and surprising new results.

Power, Voting, and Voting Power: 30 Years After

Author : Manfred J Holler
Publisher : Springer Science & Business Media
ISBN 13 : 3642359299
Total Pages : 752 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Power, Voting, and Voting Power: 30 Years After by : Manfred J Holler

Download or read book Power, Voting, and Voting Power: 30 Years After written by Manfred J Holler and published by Springer Science & Business Media. This book was released on 2013-03-19 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: The developments over a thirty-year time span in the study of power, especially voting power, are traced in this book, which provides an up-to-date overview of applications of n-person game theory to the study of power in multimember bodies. Other theories that shed light on power distribution (e.g. aggregation theory) are treated as well. The book revisits the themes discussed in the well-known 1982 publication "Power, Voting and Voting Power" (edited by Manfred J. Holler). Thirty years later this essential topic has been taken up again and many of the authors from its predecessor participate here again in discussing the state-of-the-art, demonstrating the achievements of three decades of intensive research, and pointing the way to key issues for future work.

The Economics of Sustainability

Author : John C.V. Pezzey
Publisher : Routledge
ISBN 13 : 1351890999
Total Pages : 424 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis The Economics of Sustainability by : John C.V. Pezzey

Download or read book The Economics of Sustainability written by John C.V. Pezzey and published by Routledge. This book was released on 2017-09-08 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the late 1980s, when the ideas of sustainability and sustainable development to the forefront of public debate, conventional, neo-classical economic thinking about development and growth had rarely given any consideration to the needs of future generations, or the sustainability of natural resource use. Defining sustainability broadly as intergenerational fairness in the long-term decision making of a whole society, and using established economic concepts, this selection of refereed journal articles brings a famously ill-defined concept into sharp focus, providing academics at all levels with a formidable research tool. Spanning thirty years of the most important philosophical, theoretical and empirical contributions from both critics and defenders of neo-classical assumptions and methods of economic analysis, this focused collection of papers constitutes a unique, balanced resource on the full range of intellectual debates surrounding the economics of sustainability.

Journal of Mathematical Economics

Author :
Publisher :
ISBN 13 :
Total Pages : 1070 pages
Book Rating : 4.:/5 (49 download)

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Book Synopsis Journal of Mathematical Economics by :

Download or read book Journal of Mathematical Economics written by and published by . This book was released on 1997 with total page 1070 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Discounting and Environmental Policy

Author : Joel Scheraga
Publisher : Routledge
ISBN 13 : 135177719X
Total Pages : 501 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Discounting and Environmental Policy by : Joel Scheraga

Download or read book Discounting and Environmental Policy written by Joel Scheraga and published by Routledge. This book was released on 2018-04-27 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was published in 2003.The "International Library of Environmental Economics and Policy" explores the influence of economics on the development of environmental and natural resource policy. In a series of 25 volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including: natural and environmental resources; policy instruments and institutions; and methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.

Man-Made Climate Change

Author : Olav Hohmeyer
Publisher : Springer Science & Business Media
ISBN 13 : 3642470351
Total Pages : 401 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Man-Made Climate Change by : Olav Hohmeyer

Download or read book Man-Made Climate Change written by Olav Hohmeyer and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the Kyoto conference of the parties on the United Nations Framework Convention on Climate Change once again underscored, man-made climate change has become one of the major challenges to our generation and many generations to come. Since scientific evidence on climate change can be seen as increasingly reliable, the focus of our attention has to turn more and more to the question of foreseeable damages and to possibilities to prevent and mitigate climate change. In other words, we need to analyse the economic aspects of man marle climate change and the policy options to prevent its most severe impacts. This book reports on the findings of an international workshop on these aspects of global climate change. It was organised by the Centre for European Economic Research (ZEW) in Mannheim, Germany on March 6th and 7th 1997. In the light of the ongoing international policy-making process on climate change, we decided to publish the report after the Kyoto conference from December Ist to 10th, 1997, to include the results of the conference, which emphasise the importance of economic aspects and economic policy options when it comes to addressing the problern of man-made climate change. Thus, this book went to press in February 1998 the moment we received the official version of the Kyoto Protocol, which is reproduced in the annex.