Equilibrium, Markets and Dynamics

Claus Weddepohl: the First Dutch Mathematical Economist.- 1 Introduction.- 2 Axiomatic Choice Theory.- 3 General Competitive Equilibrium.- 4 Non-Walrasian Equilibria.- 5 Overlapping Generations.- 6 Markets.- 7 Price Dynamics.- 8 Final Remarks.- Publication of H.N. Weddepohl.- Equilibrium.- Indeterminateness of Equilibria and Macroeconomics.- Equilibrium Properties of Status Seeking and Conformism.- Recent Criticism of General Equilibrium Theory.- Coordinating Thoughts on Coordination Failures.- Dynamic Implementation of Competitive Equilibria in Renegotiation Proof Equilibrium.- On the Economics of Managing and Returns to Communications Technology.- Dynamic Adjustment of Supply Constrained Disequilibria to Walrasian Equilibrium.- A General Equilibrium of Managed Services.- Markets.- Undesired Goods in Applied Demand Analysis.- Animal Communication.- Still Searching for Bertrand Equilibrium.- Environmental Policy and Bertrand Competition: a General Equilibrium Approach.- Retiring Rich.- Scope for Defined Contribution.- Dynamics.- On the Possibility of Economic Dynamics.- A Bifurcation in an Overlapping Generations Model.- Heterogeneous Beliefs and Routes to Complex Dynamics in Asset Pricing Models with Price Contingent Contracts.- Why Are There Nowadays only a Few Articles on Matrices in Economic Journals?.- Learning in Networks.- Imitation of Cooperation in Prisoner's Dilemma Games with Some Local Interaction.- Bubbles and Long Range Dependence in Asset Prices Volatilities.- Nonlinear Dynamics and the Stability of Competitive Equilibria.

From the reviews:



"It is ... a special kind of collection, 'Essays in Honour' - or festchrifts as some like to call them. Here the unifying idea is not a special topic but a person and his academic life. Interesting and productive lifes, such as Claus Weddepohl's, make it easier to produce a simulating book and the editors did not miss the opportunity. ... I found reading this book a fruitful experience and I recommend it especially to younger colleagues." (Alfredo Medio, Journal of Economic Behavior and Organization, Vol. 58, 2005)