Overview

This work is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. It is divided into three parts - decision theory, game theory, and the theory of markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. It should be of interest to both students and teachers of microeconomics and game and decision theory.

Full Product Details

Author:   Pierpaolo Battigalli ,  Aldo M. Montesano ,  Fausto Panunzi
Publisher:   Springer
Imprint:   Springer
Edition:   1997 ed.
Volume:   8
Dimensions:   Width: 15.50cm , Height: 2.20cm , Length: 23.50cm
Weight:   1.590kg
ISBN:  

9780792398417

ISBN 10:   0792398416
Pages:   368
Publication Date:   31 December 1996
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

I Decisions.- 1 “Direct” and “Indirect” Duality for Dominance Relations.- 2 Conditional Preferences, Ellsberg Paradoxes and the Sure Thing Principle.- II Games.- 3 Games with Observable Deviators.- 4 Conjectural Equilibria and Rationalizability in a Game with Incomplete Information.- 5 Lexicographic Rationality Orderings and Iterative Weak Dominance.- III Markets.- 6 At The Roots of Indeterminacy.- 7 The Information Content of Specialist Pricing: A Dynamic Model.- 8 “Laws of Large Numbers” in Continuum Economies.- 9 Decentralization, Mobility Costs and the Soft Budget Constraint.- 10 Equivalence and Duality Between the Sets of Pareto-Maximal Allocations and the Sets of Maximal Distributable Surplus Allocations, Including Externalities.- 11 Economic Models of Social Learning.- 12 Market Size, the Informational Content of Stock Prices and Risk: A Multiasset Model and Some Evidence.- 13 Adoption of Flexible Technologies in an Evolutionary Environment.

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