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Differential Information Economies

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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. 
Release date Australia
November 19th, 2004
Audiences
  • General (US: Trade)
  • Professional & Vocational
  • Tertiary Education (US: College)
Contributors
  • Edited by Dionysius Glycopantis
  • Edited by Nicholas C Yannelis
Illustrations
XIV, 650 p.
Pages
650
Dimensions
156x234x36
ISBN-13
9783540214243
Product ID
3127513

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