Fr. 135.00

Markets, Games, and Organizations - Essays in Honor of Roy Radner

English · Paperback / Softback

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Description

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We are pleased to help celebrate Roy Radner's 75th birthday, by issuing in one volume the papers that originally appeared in his honor in two special issues of Review of Economic Design (Vol. 6/2 and 6/3-4, 2001). Through his truly original ideas and lucid writing, Roy has influenced and guided the theory community for decades. Many colleagues and students have found their own work shaped and improved by Roy's wide-ranging curiosity, his encouragement, and his keen insights. In soliciting contributions to the Review of Economic Design Radner issues, we decided to approach his former students at the University of California, Berke ley, his former post-doctoral fellows at Bell Laboratories, and his published co authors. We express our sincere apology to any potential authors who fit these categories and whom we may have unintentionally failed to approach. Our job as editors of the Review of Economic Design Radner issues turned out to be easy, thanks to the enthusiastic response we received from authors and the quality of their submissions. 

List of contents

On characterizing the probability of survival in a large competitive economy.- Uniqueness of Arrow-Debreu and Arrow-Radner equilibrium when utilities are additively separable.- Entry, productivity, and investment.- A model of Russia's "virtual economy".- Reaction to price changes and aspiration level adjustments.- Bargaining solutions with non-standard objectives.- Investment and concern for relative position.- Coordination of economic activity: An example.- Transversals, systems of distinct representatives, mechanism design, and matching.- Roy Radner and incentive theory.- Sufficient conditions for Nash implementation.- Majority rule with dollar voting.- Mediation and the Nash bargaining solution.- Public spending and optimal taxes without commitment.- Are "Anti-Folk Theorems" in repeated games nongeneric?.- Trust and social efficiencies.- Survival and the art of profit maximization. 

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Summary

We are pleased to help celebrate Roy Radner's 75th birthday, by issuing in one volume the papers that originally appeared in his honor in two special issues of Review of Economic Design (Vol. 6/2 and 6/3-4, 2001). Through his truly original ideas and lucid writing, Roy has influenced and guided the theory community for decades. Many colleagues and students have found their own work shaped and improved by Roy's wide-ranging curiosity, his encouragement, and his keen insights. In soliciting contributions to the Review of Economic Design Radner issues, we decided to approach his former students at the University of California, Berke ley, his former post-doctoral fellows at Bell Laboratories, and his published co authors. We express our sincere apology to any potential authors who fit these categories and whom we may have unintentionally failed to approach. Our job as editors of the Review of Economic Design Radner issues turned out to be easy, thanks to the enthusiastic response we received from authors and the quality of their submissions. 

Product details

Assisted by Tatsur Ichiishi (Editor), Tatsuro Ichiishi (Editor), Marschak (Editor), Marschak (Editor), Thomas Marschak (Editor)
Publisher Springer, Berlin
 
Languages English
Product format Paperback / Softback
Released 01.01.2012
 
EAN 9783642534652
ISBN 978-3-642-53465-2
No. of pages 314
Dimensions 155 mm x 17 mm x 235 mm
Weight 493 g
Illustrations VI, 314 p.
Series Studies in Economic Design
Studies in Economic Design
Subjects Natural sciences, medicine, IT, technology > Mathematics
Social sciences, law, business > Business > Economics

C, Economics and Finance, Economic Theory, Management science, Quantitative Economics, Economic Theory/Quantitative Economics/Mathematical Methods

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