[PDF.75ll] Differential Information Economies (Studies in Economic Theory)
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Differential Information Economies (Studies in Economic Theory)
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| #9697611 in Books | Springer | 2004-12-22 | Original language:English | PDF # 1 | 9.21 x1.44 x6.14l,2.46 | File type: PDF | 650 pages | |
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 differentia...
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