Hugendubel.info - Die B2B Online-Buchhandlung 

Merkliste
Die Merkliste ist leer.
Bitte warten - die Druckansicht der Seite wird vorbereitet.
Der Druckdialog öffnet sich, sobald die Seite vollständig geladen wurde.
Sollte die Druckvorschau unvollständig sein, bitte schliessen und "Erneut drucken" wählen.

Institutions, Equilibria and Efficiency

E-BookPDF1 - PDF WatermarkE-Book
384 Seiten
Englisch
Springer Berlin Heidelbergerschienen am22.04.20062006
Competition and efficiency is at the core of economic theory. This volume collects papers of leading scholars, which extend the conventional general equilibrium model in important ways: Efficiency and price regulation are studied when markets are incomplete and existence of equilibria in such settings is proven under very general preference assumptions. The model is extended to include geographical location choice, a commodity space incorporating manufacturing imprecision and preferences for club-membership, schools and firms. Inefficiencies arising from household externalities or group membership are evaluated. Core equivalence is shown for bargaining economies. The theory of risk aversion is extended and the relation between risk taking and wealth is experimentally investigated. Other topics include determinacy in OLG with cash-in-advance constraints, income distribution and democracy in OLG, learning in OLG and in games, optimal pricing of derivative securities, the impact of heterogeneity at the individual level for aggregate consumption, and adaptive contracting in view of uncertainty.mehr
Verfügbare Formate
BuchKartoniert, Paperback
EUR160,49
BuchGebunden
EUR160,49
E-BookPDF1 - PDF WatermarkE-Book
EUR149,79

Produkt

KlappentextCompetition and efficiency is at the core of economic theory. This volume collects papers of leading scholars, which extend the conventional general equilibrium model in important ways: Efficiency and price regulation are studied when markets are incomplete and existence of equilibria in such settings is proven under very general preference assumptions. The model is extended to include geographical location choice, a commodity space incorporating manufacturing imprecision and preferences for club-membership, schools and firms. Inefficiencies arising from household externalities or group membership are evaluated. Core equivalence is shown for bargaining economies. The theory of risk aversion is extended and the relation between risk taking and wealth is experimentally investigated. Other topics include determinacy in OLG with cash-in-advance constraints, income distribution and democracy in OLG, learning in OLG and in games, optimal pricing of derivative securities, the impact of heterogeneity at the individual level for aggregate consumption, and adaptive contracting in view of uncertainty.
Details
Weitere ISBN/GTIN9783540281610
ProduktartE-Book
EinbandartE-Book
FormatPDF
Format Hinweis1 - PDF Watermark
FormatE107
Erscheinungsjahr2006
Erscheinungsdatum22.04.2006
Auflage2006
ReiheStudies in Economic Theory
Reihen-Nr.25
Seiten384 Seiten
SpracheEnglisch
IllustrationenXII, 384 p. 21 illus.
Artikel-Nr.1427045
Rubriken
Genre9200

Inhalt/Kritik

Inhaltsverzeichnis
Birgit Grodal: A Friend to Her Friends.- On the Definition of Differentiated Products in the Real World.- Equilibrium Pricing of Derivative Securities in Dynamically Incomplete Markets.- Adaptive Contracting: The Trial-and-Error Approach to Outsourcing.- Monetary Equilibria over an Infinite Horizon.- Do the Wealthy Risk More Money? An Experimental Comparison.- Are Incomplete Markets Able to Achieve Minimal Efficiency?.- A Competitive Model of Economic Geography.- The Organization of Production, Consumption and Learning.- Household Inefficiency and Equilibrium Efficiency.- Equilibrium with Arbitrary Market Structure.- Pareto Improving Price Regulation when the Asset Market is Incomplete.- On Behavioral Heterogeneity.- Learning of Steady States in Nonlinear Models when Shocks Follow a Markov Chain.- The Evolution of Conventions under Incomplete Information.- Group Formation with Heterogeneous Feasible Sets.- Monotone Risk Aversion.- Will Democracy Engender Equality?.- Consumption Externalities, Rental Markets and Purchase Clubs.- Core-Equivalence for the Nash Bargaining Solution.mehr