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The Theory of Implementation of Socially Optimal Decisions in Economics
Luis C. Corchon
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Description for The Theory of Implementation of Socially Optimal Decisions in Economics
Hardback. Since the early 70s, 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. This book provides a succinct and up-to-date account of this vast literature. Num Pages: 179 pages, biography. BIC Classification: 3JJPL; 3JJPN; 3JJPR; KCA; KCBM; PBUD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 19. Weight in Grams: 380.
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.
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.
Product Details
Format
Hardback
Publication date
1996
Publisher
Palgrave Macmillan United Kingdom
Number of pages
179
Condition
New
Number of Pages
165
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333657942
SKU
V9780333657942
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Luis C. Corchon
LUIS C. CORCHÓN is Professor of Economics at the Universidad de Alicante, Alicante, Spain. He has been a visiting scholar at Harvard University and the University of Rochester, and a visitor at the University of California at Davis, University of Bielefeld, the Institute for Advanced Studies in Vienna, the Hebrew University and the Indian Statistical Institute. He was a Fulbright ... Read more
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