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Differential Information Economies Studies in Economic Theory

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ISBN 10: 3642059775 / ISBN 13: 9783642059773
Published by Springer
New Condition: New Soft cover
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Paperback. 650 pages. Dimensions: 8.9in. x 6.2in. x 1.8in.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 ofstability, learning and continuity of alternative equilibria are also examined. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Bookseller Inventory # 9783642059773

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Title: Differential Information Economies Studies ...

Publisher: Springer

Binding: Paperback

Book Condition:New

Book Type: Paperback

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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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