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Differential Information Economies 2005 Edition
Contributor(s): Glycopantis, Dionysius (Editor), Yannelis, Nicholas C. (Editor)

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 ISBN: 3540214240     ISBN-13: 9783540214243
Publisher: Springer
OUR PRICE: $208.99  

Binding Type: Hardcover - See All Available Formats & Editions
Published: November 2004
Qty:

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Additional Information
BISAC Categories:
- Mathematics | Game Theory
- Business & Economics | Economics - Theory
- Business & Economics | Econometrics
Dewey: 330.015
LCCN: 2004114699
Series: Studies in Economic Theory
Physical Information: 1.44" H x 6.14" W x 9.21" L (2.46 lbs) 650 pages
Features: Bibliography, Illustrated
 
Descriptions, Reviews, Etc.
Publisher Description:
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.
 
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