Items related to Studies in Resource Allocation Processes
Synopsis
One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets.
"synopsis" may belong to another edition of this title.
Book Description
Essays discussing a fundamental point in economics, the mechanisms for coordinating the allocation of resources in an economic system where the decisions are decentralized.
Review
Essays discussing a fundamental point in economics, the mechanisms for coordinating the allocation of resources in an economic system where the decisions are decentralized. -- Book Description
"About this title" may belong to another edition of this title.
- PublisherCambridge University Press
- Publication date2007
- ISBN 10 0521034000
- ISBN 13 9780521034005
- BindingPaperback
- LanguageEnglish
- Number of pages500
- EditorArrow Kenneth J., Hurwicz Leonid
Search results for Studies in Resource Allocation Processes
Stock Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Softcover
Seller: Lucky's Textbooks, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # ABLIING23Feb2215580239955
Quantity: Over 20 available
Stock Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Softcover
Seller: California Books, Miami, FL, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # I-9780521034005
Quantity: Over 20 available
Stock Image
Studies in Resource Allocation Processes (Paperback)
Published by
Cambridge University Press, Cambridge, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Paperback
Seller: Grand Eagle Retail, Fairfield, OH, U.S.A.
Seller rating 5 out of 5 stars
Paperback. Condition: new. Paperback. One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780521034005
Quantity: 1 available
Stock Image
Studies in Resource Allocation Processes
Print on DemandSeller: Revaluation Books, Exeter, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: Brand New. 496 pages. 8.82x5.98x1.34 inches. In Stock. This item is printed on demand. Seller Inventory # __0521034000
Quantity: 1 available
Stock Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press 2007-02, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
PF
Seller: Chiron Media, Wallingford, United Kingdom
Seller rating 5 out of 5 stars
PF. Condition: New. Seller Inventory # 6666-IUK-9780521034005
Quantity: 10 available
Stock Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Softcover
Seller: Ria Christie Collections, Uxbridge, United Kingdom
Seller rating 5 out of 5 stars
Condition: New. In. Seller Inventory # ria9780521034005_new
Quantity: Over 20 available
Stock Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Paperback / softback
Seller: THE SAINT BOOKSTORE, Southport, United Kingdom
Seller rating 5 out of 5 stars
Paperback / softback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days 760. Seller Inventory # C9780521034005
Quantity: Over 20 available
Seller Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Softcover
Seller: moluna, Greven, Germany
Seller rating 5 out of 5 stars
Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises.InhaltsverzeichnisPreface Acknowledgments for rep. Seller Inventory # 446922383
Quantity: Over 20 available
Stock Image
Studies in Resource Allocation Processes (Paperback)
Published by
Cambridge University Press, Cambridge, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Paperback
Seller: CitiRetail, Stevenage, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: new. Paperback. One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780521034005
Quantity: 1 available
Seller Image
Studies in Resource Allocation Processes
Published by
Cambridge University Press, 2007
ISBN 10: 0521034000
ISBN 13: 9780521034005
New
Taschenbuch
Seller: AHA-BUCH GmbH, Einbeck, Germany
Seller rating 5 out of 5 stars
Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Seller Inventory # 9780521034005
Quantity: 1 available