Contract Theory

Contract Theory PDF Author: Patrick Bolton
Publisher: MIT Press
ISBN: 9780262025768
Category : Business & Economics
Languages : en
Pages : 746

Book Description
A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.

Solutions Manual to accompany An Introduction to Numerical Methods and Analysis

Solutions Manual to accompany An Introduction to Numerical Methods and Analysis PDF Author: James F. Epperson
Publisher: John Wiley & Sons
ISBN: 1119604532
Category : Mathematics
Languages : en
Pages : 308

Book Description
A solutions manual to accompany An Introduction to Numerical Methods and Analysis, Third Edition An Introduction to Numerical Methods and Analysis helps students gain a solid understanding of a wide range of numerical approximation methods for solving problems of mathematical analysis. Designed for entry-level courses on the subject, this popular textbook maximizes teaching flexibility by first covering basic topics before gradually moving to more advanced material in each chapter and section. Throughout the text, students are provided clear and accessible guidance on a wide range of numerical methods and analysis techniques, including root-finding, numerical integration, interpolation, solution of systems of equations, and many others. This fully revised third edition contains new sections on higher-order difference methods, the bisection and inertia method for computing eigenvalues of a symmetric matrix, a completely re-written section on different methods for Poisson equations, and spectral methods for higher-dimensional problems. New problem sets—ranging in difficulty from simple computations to challenging derivations and proofs—are complemented by computer programming exercises, illustrative examples, and sample code. This acclaimed textbook: Explains how to both construct and evaluate approximations for accuracy and performance Covers both elementary concepts and tools and higher-level methods and solutions Features new and updated material reflecting new trends and applications in the field Contains an introduction to key concepts, a calculus review, an updated primer on computer arithmetic, a brief history of scientific computing, a survey of computer languages and software, and a revised literature review Includes an appendix of proofs of selected theorems and author-hosted companion website with additional exercises, application models, and supplemental resources

Solutions Manual to Accompany Intermediate Public Economics, second edition

Solutions Manual to Accompany Intermediate Public Economics, second edition PDF Author: Nigar Hashimzade
Publisher: MIT Press
ISBN: 0262518481
Category : Political Science
Languages : en
Pages : 630

Book Description
A solutions manual for all 582 exercises in the second edition of Intermediate Public Economics. A solutions manual for all 582 exercises in the second edition of Intermediate Public Economics.

Solutions Manual to Accompany Inorganic Chemistry 7th Edition

Solutions Manual to Accompany Inorganic Chemistry 7th Edition PDF Author: Alen Hadzovic
Publisher: Oxford University Press
ISBN: 0198814682
Category : Chemistry, Inorganic
Languages : en
Pages : 257

Book Description
This solutions manual accompanies the 7th edition of Inorganic chemistry by Mark Weller, Tina Overton, Jonathan Rourke and Fraser Armstrong. As you master each chapter in Inorganic Chemistry, having detailed solutions handy allows you to confirm your answers and develop your ability to think through the problem-solving process.

Student Solutions Manual to accompany Radiation Detection and Measurement, 4e

Student Solutions Manual to accompany Radiation Detection and Measurement, 4e PDF Author: Glenn F. Knoll
Publisher: John Wiley & Sons
ISBN: 0470649720
Category : Technology & Engineering
Languages : en
Pages : 102

Book Description
This is the resource that engineers turn to in the study of radiation detection. The fourth edition takes into account the technical developments that continue to enhance the instruments and techniques available for the detection and spectroscopy of ionizing radiation. New coverage is presented on ROC curves, micropattern gas detectors, new sensors for scintillation light, and the excess noise factor. Revised discussions are also included on TLDs and cryogenic spectrometers, radiation backgrounds, and the VME standard. Engineers will gain a strong understanding of the field with this updated book.

Applied Mathematics and Modeling for Chemical Engineers, Solutions Manual

Applied Mathematics and Modeling for Chemical Engineers, Solutions Manual PDF Author: Richard G. Rice
Publisher: John Wiley & Sons
ISBN: 1119833884
Category : Technology & Engineering
Languages : en
Pages : 614

Book Description
This book is a Solutions Manual to accompany Applied Mathematics and Modeling for Chemical Engineers, Third Edition. There are many examples provided as homework in the original text and the solution manual provides detailed solutions of many of these problems that are in the parent book Applied Mathematics and Modeling for Chemical Engineers, Third Edition.

Student Solutions Manual to Accompany Atkins' Physical Chemistry

Student Solutions Manual to Accompany Atkins' Physical Chemistry PDF Author: Charles Trapp
Publisher:
ISBN: 0198708009
Category : Science
Languages : en
Pages : 746

Book Description
The Student Solutions Manual to accompany Atkins' Physical Chemistry 10th edition provides full worked solutions to the 'a' exercises, and the odd-numbered discussion questions and problems presented in the parent book. The manual is intended for students and instructors alike, and provides helpful comments and friendly advice to aid understanding.

Solution Manual to Accompany Volume II of Quantum Mechanics by Cohen-Tannoudji, Diu and Laloë

Solution Manual to Accompany Volume II of Quantum Mechanics by Cohen-Tannoudji, Diu and Laloë PDF Author: Guillaume Merle
Publisher: John Wiley & Sons
ISBN: 3527414231
Category : Science
Languages : en
Pages : 354

Book Description
Provides detailed solutions to all 47 problems in the seminal textbook Quantum Mechanics, Volume II With its counter-intuitive premises and its radical variations from classical mechanics or electrodynamics, quantum mechanics is among the most important and challenging components of a modern physics education. Students tackling quantum mechanics curricula generally practice by working through increasingly difficult problem sets that demand both a theoretical grounding and a solid understanding of mathematical technique. Solution Manual to Accompany Volume II of Quantum Mechanics by Cohen-Tannoudji, Diu and Laloë is designed to help you grasp the fundamentals of quantum mechanics by doing. This essential set of solutions provides explicit explanations of every step, focusing on the physical theory and formal mathematics needed to solve problems with varying degrees of difficulty. Contains in-depth explanations of problems concerning quantum mechanics postulates, mathematical tools, approximation methods, and more Covers topics including perturbation theory, addition of angular momenta, electron spin, systems of identical particles, time-dependent problems, and quantum scattering theory Guides readers on transferring the solution approaches to comparable problems in quantum mechanics Includes numerous figures that demonstrate key steps and clarify key concepts Solution Manual to Accompany Volume II of Quantum Mechanics by Cohen-Tannoudji, Diu and Laloë is a must-have for students in physics, chemistry, or the materials sciences wanting to master these challenging problems, as well as for instructors looking for pedagogical approaches to the subject.

Solutions Manual to accompany Modern Engineering Statistics

Solutions Manual to accompany Modern Engineering Statistics PDF Author: Thomas P. Ryan
Publisher: John Wiley & Sons
ISBN: 0470187530
Category : Mathematics
Languages : en
Pages : 188

Book Description
An introductory perspective on statistical applications in the field of engineering Modern Engineering Statistics presents state-of-the-art statistical methodology germane to engineering applications. With a nice blend of methodology and applications, this book provides and carefully explains the concepts necessary for students to fully grasp and appreciate contemporary statistical techniques in the context of engineering. With almost thirty years of teaching experience, many of which were spent teaching engineering statistics courses, the author has successfully developed a book that displays modern statistical techniques and provides effective tools for student use. This book features: Examples demonstrating the use of statistical thinking and methodology for practicing engineers A large number of chapter exercises that provide the opportunity for readers to solve engineering-related problems, often using real data sets Clear illustrations of the relationship between hypothesis tests and confidence intervals Extensive use of Minitab and JMP to illustrate statistical analyses The book is written in an engaging style that interconnects and builds on discussions, examples, and methods as readers progress from chapter to chapter. The assumptions on which the methodology is based are stated and tested in applications. Each chapter concludes with a summary highlighting the key points that are needed in order to advance in the text, as well as a list of references for further reading. Certain chapters that contain more than a few methods also provide end-of-chapter guidelines on the proper selection and use of those methods. Bridging the gap between statistics education and real-world applications, Modern Engineering Statistics is ideal for either a one- or two-semester course in engineering statistics.

Student Solutions Manual to accompany Simulation and the Monte Carlo Method, Student Solutions Manual

Student Solutions Manual to accompany Simulation and the Monte Carlo Method, Student Solutions Manual PDF Author: Dirk P. Kroese
Publisher: John Wiley & Sons
ISBN: 0470285303
Category : Mathematics
Languages : en
Pages : 204

Book Description
This accessible new edition explores the major topics in Monte Carlo simulation Simulation and the Monte Carlo Method, Second Edition reflects the latest developments in the field and presents a fully updated and comprehensive account of the major topics that have emerged in Monte Carlo simulation since the publication of the classic First Edition over twenty-five years ago. While maintaining its accessible and intuitive approach, this revised edition features a wealth of up-to-date information that facilitates a deeper understanding of problem solving across a wide array of subject areas, such as engineering, statistics, computer science, mathematics, and the physical and life sciences. The book begins with a modernized introduction that addresses the basic concepts of probability, Markov processes, and convex optimization. Subsequent chapters discuss the dramatic changes that have occurred in the field of the Monte Carlo method, with coverage of many modern topics including: Markov Chain Monte Carlo Variance reduction techniques such as the transform likelihood ratio method and the screening method The score function method for sensitivity analysis The stochastic approximation method and the stochastic counter-part method for Monte Carlo optimization The cross-entropy method to rare events estimation and combinatorial optimization Application of Monte Carlo techniques for counting problems, with an emphasis on the parametric minimum cross-entropy method An extensive range of exercises is provided at the end of each chapter, with more difficult sections and exercises marked accordingly for advanced readers. A generous sampling of applied examples is positioned throughout the book, emphasizing various areas of application, and a detailed appendix presents an introduction to exponential families, a discussion of the computational complexity of stochastic programming problems, and sample MATLAB® programs. Requiring only a basic, introductory knowledge of probability and statistics, Simulation and the Monte Carlo Method, Second Edition is an excellent text for upper-undergraduate and beginning graduate courses in simulation and Monte Carlo techniques. The book also serves as a valuable reference for professionals who would like to achieve a more formal understanding of the Monte Carlo method.