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Differential Information Economies
. Ed(S): Glycopantis, Dionysius; Yannelis, Nicholas C. (University Of Illinois)
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Description for Differential Information Economies
Paperback. Editor(s): Glycopantis, Dionysius; Yannelis, Nicholas C. (University of Illinois). Series: Studies in Economic Theory. Num Pages: 664 pages, black & white illustrations. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 34. Weight in Grams: 1021.
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
664
Condition
New
Series
Studies in Economic Theory
Number of Pages
650
Place of Publication
Berlin, Germany
ISBN
9783642059773
SKU
V9783642059773
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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