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Differential Information Economies

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ISBN-10: 3540269797

ISBN-13: 9783540269793

Edition: 2005

Authors: Dionysius Glycopantis, Nicholas C. Yannelis

List price: $329.00
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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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Book details

List price: $329.00
Copyright year: 2005
Publisher: Springer London, Limited
Publication date: 1/11/2006
Binding: E-Book 
Pages: 650
Language: English

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