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Quantifying Bargaining Power Under Incomplete Information
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Book Synopsis Public Finance and Public Policy by : Arye L. Hillman
Download or read book Public Finance and Public Policy written by Arye L. Hillman and published by Cambridge University Press. This book was released on 2009-04-06 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets and governments -- Institutions and governance -- Public goods -- Public finance for public goods -- Market corrections -- Voting -- Social justice -- Entitlements and equality of opportunity -- Choice of taxation -- The need for government.
Book Synopsis The Vanishing Rouble by : Paul Seabright
Download or read book The Vanishing Rouble written by Paul Seabright and published by Cambridge University Press. This book was released on 2000-11-30 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible and authoritative analysis of barter in the former Soviet Union.
Book Synopsis Group Decision and Negotiation: A Multidisciplinary Perspective by : Danielle Costa Morais
Download or read book Group Decision and Negotiation: A Multidisciplinary Perspective written by Danielle Costa Morais and published by Springer Nature. This book was released on 2020-05-12 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 20th International Conference on Group Decision and Negotiation, GDN 2020, which was planned to be held in Toronto, ON, Canada, during June 7–11, 2020. The conference was cancelled due to the Coronavirus pandemic. Nevertheless, it was decided to publish the proceedings, because the review process had already been completed at the time the cancellation was decided. The field of Group Decision and Negotiation focuses on decision processes with at least two participants and a common goal but conflicting individual goals. Research areas of Group Decision and Negotiation include electronic negotiations, experiments, the role of emotions in group decision and negotiations, preference elicitation and decision support for group decisions and negotiations, and conflict resolution principles. The 14 full papers presented in this volume were carefully reviewed and selected from 75 submissions. They were organized in topical sections named: Conflict Resolution, Preference Modeling for Group Decision and Negotiation, Intelligent Group Decision Making and Consensus Process, Collaborative Decision Making Processes.
Book Synopsis Essays in Honor of Subal Kumbhakar by : Christopher F. Parmeter
Download or read book Essays in Honor of Subal Kumbhakar written by Christopher F. Parmeter and published by Emerald Group Publishing. This book was released on 2024-04-05 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is the editor’s distinct privilege to gather this collection of papers that honors Subhal Kumbhakar’s many accomplishments, drawing further attention to the various areas of scholarship that he has touched.
Book Synopsis Negotiation Games by : Steven J. Brams
Download or read book Negotiation Games written by Steven J. Brams and published by Psychology Press. This book was released on 2003 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Steven J. Brams is one of the leading game theorists of his generation. This new edition includes brand new material on topics such as fallback bargaining and principles of rational negotiation.
Book Synopsis Measuring Corruption by : Arthur Shacklock
Download or read book Measuring Corruption written by Arthur Shacklock and published by Routledge. This book was released on 2016-05-06 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the advance of an increasingly globalized market, the opportunities for, and scale of, corruption is growing. The size of corporations and their wealth relative to nations provides the resources for corrupt practices. The liberalization of international financial markets makes transferring and hiding the proceeds of corruption easier. Moves towards privatization in East and West are providing once-only incentives for corruption on an unprecedented scale, as officials not only deal with the income of the state, but with its assets as well. In this book, Transparency International's (TI) world-renowned 'Corruption Perception Index' (CPI) and 'Bribery Perception Index' (BPI) are explained and examined by a group of experts. They set out to establish to what extent they are reliable measures of corruption and whether a series of surveys can measure changes in corruption and the effectiveness of anti-corruption strategies. The book contains a variety of expert contributions which deal with the complexity, difficulty and potential for measuring corruption as the key to developing effective strategies for combating it.
Book Synopsis Calculating Promises by : Roy Kreitner
Download or read book Calculating Promises written by Roy Kreitner and published by Stanford University Press. This book was released on 2006-12-08 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a history of American contract law around the turn of the twentieth century. It meticulously details shifts in our conception of contract by juxtaposing scholarly accounts of contract with case law, and shows how the cases exhibit conflicts for which scholarship offers just one of many possible answers. Breaking with conventional wisdom, the author argues that our current understanding of contract is not the outgrowth of gradual refinements of a centuries-old idea. Rather, contract as we now know it was shaped by a revolution in private law undertaken toward the end of the nineteenth century, when legal scholars established calculating promisors as the centerpiece of their notion of contract. The author maintains that the revolution in contract thinking is best understood in a frame of reference wider than the rules governing the formation and enforcement of contracts. That frame of reference is a cultural negotiation over the nature of the individual subject and the role of the individual in a society undergoing transformation. Areas of central concern include the enforceability of promises to make gifts; the relationship of contracts to speculation and gambling; and the problem of incomplete contracts.
Book Synopsis Advances in Efficiency and Productivity Analysis by : Christopher F. Parmeter
Download or read book Advances in Efficiency and Productivity Analysis written by Christopher F. Parmeter and published by Springer Nature. This book was released on 2020-10-21 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume examines the state-of-the-art of productivity and efficiency analysis. It brings together a selection of the best papers from the 10th North American Productivity Workshop. By analyzing world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed, readers can quickly assess the impact of productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. The contributions in this volume focus on the theory and application of economics, econometrics, statistics, management science and operational research related to problems in the areas of productivity and efficiency measurement. Popular techniques and methodologies including stochastic frontier analysis and data envelopment analysis are represented. Chapters also cover broader issues related to measuring, understanding, incentivizing and improving the productivity and performance of firms, public services, and industries.
Download or read book Gambling and War written by Justin Conrad and published by Naval Institute Press. This book was released on 2017-10-15 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1914, as Germany mobilized for war, Chancellor Theobald von Bethmann-Hollweg remarked to the country’s legislators, “If the iron dice must roll, then God help us.” War has often been compared to a game of dice or a lottery. But just as frequently, war has been compared to a game of pure strategy like chess. In reality, the business of negotiating with adversaries, fighting wars, and ending wars is far more complicated than a game of chess, where each player can see all the pieces on the board and knows the possible moves that they can make. War is far more chaotic and unpredictable. And yet, international bargaining and international conflict is not a simple dice game either, where human beings have no control over the outcome. Justin Conrad bets that war is more like a game of poker. Gambling and War: Risk, Reward, and Chance in International Conflict. brings readers a war college course taught at a Las Vegas casino. To succeed in poker, it is not enough to simply anticipate the actions of other players and try to outsmart them. A successful player must also understand and appreciate the role of randomness. Additionally, players must confront the reality that all human beings are prone to errors in judgment, which causes them to make suboptimal choices under many circumstances. Taken together, these challenges make poker a fascinating and highly unpredictable game, much like the challenges of international conflicts. Any comprehensive analysis of why wars occur and how they are fought must take into account a variety of factors including strategy, human error, and dumb luck. Gambling and War applies lessons learned from poker, blackjack, roulette, and other games of chance to the study of international conflict. Drawing on scholarly insights from a variety of fields, including probability, statistics, political science, psychology, and economics, Conrad offers thoughts on how we can better manage and prevent international conflict, the costliest game of all.
Book Synopsis Game Theory for Networks by : RAHUL JAIN
Download or read book Game Theory for Networks written by RAHUL JAIN and published by Springer. This book was released on 2012-05-31 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-conference proceedings of the Second International Conference on Game Theory for Networks (GameNets 2011) held in Shanghai, China, April 16-18, 2011. The 45 revised full papers presented were carefully selected from numerous submissions and focus topics such as mechanism design, physical layer games, network mechanisms, stochastic and dynamic games, game-theoretic network models, cooperative games in networks, security games, spectrum sharing games, P2P and social networks and economics of network QoS.
Book Synopsis Economic Sciences, 1991-1995 by : Torsten Persson
Download or read book Economic Sciences, 1991-1995 written by Torsten Persson and published by World Scientific. This book was released on 1997 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Below is a list of the prizewinners during the period 1991 ? 1995 with a description of the works which won them their prizes: (1991) R H COASE ? for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy; (1992) G S BECKER ? for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour; (1993) R W FOGEL & D C NORTH ? for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change; (1994) J C HARSANYI, J F NASH & R SELTEN ? for their pioneering analysis of equilibria in the theory of non-cooperative games; (1995) R E LUCAS ? for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.
Book Synopsis The New Institutionalism in Sociology by : Mary C. Brinton
Download or read book The New Institutionalism in Sociology written by Mary C. Brinton and published by Russell Sage Foundation. This book was released on 1998-02-01 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions play a pivotal role in the economic functioning of any society. Understanding the foundation of social norms, networks, and beliefs within institutions is crucial to explaining much of what occurs in modern economies. Recently, economic sociologists have explored how ties among individuals and groups facilitate economic activity, while "institutional economists" have focused on the formal "rules of the game" that regulate economic processes via government and law. The New Institutionalism in Sociology argues that a full understanding of economic life will depend on blending these new lines of research on institutions with traditional sociological insights into the social structures that lie at their core. The contributors to this volume explore many questions about the way institutions emerge and operate. How do grassroots mores and practices evolve to an institutional level? How do institutional norms then regulate economic activity, and what are the advantages of formal versus informal constraints? What are the sources of trust and cooperation in trading markets? What role do cultural networks play in the economic survival of immigrant communities? And how does conflict and bargaining affect the evolution of community norms? The New Institutionalism in Sociology also discusses how economic fluctuations arise from interactions between local agencies and the institutional environment. Among the topics addressed here are the influence of labor activism on the distribution of income, the association between highly competitive "winner-take-all" job markets and increased wage inequality in the United States, and the effect of property right conventions on technical innovation and productivity in pre-industrial England. A final section explores how deeply embedded cultural traditions have colored the transition from state socialism to market economies in Eastern Europe. The New Institutionalism in Sociology establishes a valuable template for a sociological conception of economic organization. Its interdisciplinary paradigm signals an important advance in understanding how institutions shape social and economic life.
Download or read book Diplomacy written by Robert F. Trager and published by Cambridge University Press. This book was released on 2017-10-26 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do adversaries communicate? How do diplomatic encounters shape international orders and determine whether states go to war? Diplomacy, from alliance politics to nuclear brinkmanship, almost always operates through a few forms of signaling: choosing the scope of demands on another state, risking a breach in relations, encouraging a protégé, staking one's reputation, or making a diplomatic approach all convey specific sorts of information. Through rich history and analyses of diplomatic network data from the Confidential Print of the British Empire, Trager demonstrates the lasting effects that diplomatic encounters have on international affairs. The Concert of Europe, the perceptions of existential threat that formed before the World Wars, the reduction in Cold War tensions known as détente, and the institutional structure of the current world order were all products of inferences about intentions drawn from the statements of individuals represented as the will of states. Diplomacy explains how closed-door conversations create stable orders and violent wars.
Book Synopsis Economy, Society and Public Policy by : The Core Team
Download or read book Economy, Society and Public Policy written by The Core Team and published by Oxford University Press, USA. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.
Book Synopsis International Agricultural Development by : Carl K. Eicher
Download or read book International Agricultural Development written by Carl K. Eicher and published by JHU Press. This book was released on 1998-11-20 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: Other topics include market failures, food insecurity, rural poverty, environmental degradation, income and asset inequality, fiscally sustainable organizations, the changing roles of the public and private sector in research, input delivery systems, marketing and low rates of agricultural growth in much of sub-Saharan Africa.
Download or read book Journal of Economic Literature written by and published by . This book was released on 2004 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collected Papers by : Robert J. Aumann
Download or read book Collected Papers written by Robert J. Aumann and published by MIT Press. This book was released on 2000 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Aumann's career in game theory has spanned over research - from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on knots) is the study of relationships between different ideas, between different phenomena, and between ideas and phenomena. "When you look closely at one scientific idea", writes Aumann, "you find it hitched to all others. It is these hitches that I have tried to study". The papers are organized in several categories: general, knot theory, decision theory (utility and subjective probability), strategic games, coalitional games, and mathematical methods. Aumann has written an introduction to each of these groups that briefly describes the content and background of each paper, including the motivation and the research process, and relates it to other work in the collection and to work by others. There is also a citation index that allows readers to trace the considerable body of literature which cites Aumann's own work.