Differential Information Economies
(Sprache: Englisch)
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...
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Klappentext zu „Differential Information Economies “
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.
Inhaltsverzeichnis zu „Differential Information Economies “
- Core Notions, Existence Results- Core and Walrasian Expectations Equilibrium Equivalence
- Core, Pareto Optimmality and Incentive Compatibility
- Continuity and Stability
- Value Allocations and the Bargaining Set
- Implementation.
Bibliographische Angaben
- 2004, 2005, 650 Seiten, Maße: 16,5 x 24,5 cm, Gebunden, Englisch
- Herausgegeben:Glycopantis, Dionysius; Yannelis, Nicholas C.
- Herausgegeben: Dionysious Glycopantis, Nicholas C. Yannelis
- Verlag: Springer
- ISBN-10: 3540214240
- ISBN-13: 9783540214243
- Erscheinungsdatum: 19.11.2004
Sprache:
Englisch
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