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Author: Frank Hahn Publisher: Oxford University Press, USA ISBN: Category : Business & Economics Languages : en Pages : 528
Book Description
This collection of papers is the result of a Cambridge University study of the consequences of missing markets, asymmetric information, market-dependent information, strategic market situations, and the role of quantity signals. The contributors also consider the behavior of overlapping generation models and their macroeconomic implications, providing a useful reference text on most of the main issues of current interest to economic theorists.
Author: Frank Hahn Publisher: Oxford University Press, USA ISBN: Category : Business & Economics Languages : en Pages : 528
Book Description
This collection of papers is the result of a Cambridge University study of the consequences of missing markets, asymmetric information, market-dependent information, strategic market situations, and the role of quantity signals. The contributors also consider the behavior of overlapping generation models and their macroeconomic implications, providing a useful reference text on most of the main issues of current interest to economic theorists.
Author: Partha Dasgupta Publisher: MIT Press ISBN: 9780262041270 Category : Business & Economics Languages : en Pages : 666
Book Description
These original essays focus on a wide range of topics related to Frank Hahn'sdistinguished work in economics. Ranging from market analysis and game theory to the microeconomicfoundations of macroeconomics and from equilibrium and optimality with missing markets to economicsand society, they reflect the diversity of modem research in economic theory. What distinguishesHahn's work and many of the essays in this book is that the motivation often comes from practicalconcerns about unemployment, savings and investment, poverty, or the stability of markets.The essaysin Part I deal with the microeconomic foundations of macroeconomics - a field in which Hahn has madeimportant contributions, most notably in the theory of monetary economics. Topics include anevaluation of Hahn's contribution to the theory of distribution and such macroeconomic themes ascoordination failure, multiple equilibria, and strategic issues.Part II contains recentcontributions to game theory reflecting Hahn's interest in the question of what is rationalbehavior. The essays in Part III concentrate on general-equilibrium theory with missing markets, afield in which Hahn has made major advances. Although the essays address a different set of issues,they share with Hahn's works such themes as market failure, indeterminacy of equilibrium, and therole of money.Partha Dasgupta is Professor of Economics at Cambridge University. Douglas Gale isProfessor of Economics at Boston University. Oliver Hart is Professor of Economics at theMassachusetts Institute of Technology. Eric Maskin is Professor of Economics at HarvardUniversity.
Author: Fouad Sabry Publisher: One Billion Knowledgeable ISBN: Category : Business & Economics Languages : en Pages : 416
Book Description
What is Missing Market A situation in microeconomics known as a missing market occurs when there is a circumstance in which a competitive market that allows for the exchange of a commodity would be Pareto-efficient, but there is no such market. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Missing market Chapter 2: Pollution Chapter 3: Emissions trading Chapter 4: Environmental economics Chapter 5: Externality Chapter 6: Market failure Chapter 7: Subsidy Chapter 8: Environmental tax Chapter 9: Electricity market Chapter 10: Pigouvian tax Chapter 11: Free-market environmentalism Chapter 12: History of capitalist theory Chapter 13: Government failure Chapter 14: Vakhsh (river) Chapter 15: Reservoir Chapter 16: Environmental policy Chapter 17: Market (economics) Chapter 18: CC-PP game Chapter 19: Market-based environmental policy instruments Chapter 20: Nonpoint source water pollution regulations in the United States Chapter 21: Fair river sharing (II) Answering the public top questions about missing market. (III) Real world examples for the usage of missing market in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Missing Market.
Author: Wen Yu Publisher: Springer Science & Business Media ISBN: 3642015069 Category : Computers Languages : en Pages : 1270
Book Description
The three volume set LNCS 5551/5552/5553 constitutes the refereed proceedings of the 6th International Symposium on Neural Networks, ISNN 2009, held in Wuhan, China in May 2009. The 409 revised papers presented were carefully reviewed and selected from a total of 1.235 submissions. The papers are organized in 20 topical sections on theoretical analysis, stability, time-delay neural networks, machine learning, neural modeling, decision making systems, fuzzy systems and fuzzy neural networks, support vector machines and kernel methods, genetic algorithms, clustering and classification, pattern recognition, intelligent control, optimization, robotics, image processing, signal processing, biomedical applications, fault diagnosis, telecommunication, sensor network and transportation systems, as well as applications.
Author: Partha Dasgupta Publisher: Oxford University Press ISBN: 9780198292203 Category : Business & Economics Languages : en Pages : 342
Book Description
Commonly shared resources that include the oceans, atmosphere fisheries and other components of the environment are managed by consensus amongst nations. This study examines the complex issue of these shared resources from a multi-disciplinary viewpoint.
Author: Brian McCall Publisher: Routledge ISBN: 1134422342 Category : Business & Economics Languages : en Pages : 727
Book Description
The economics of search is a prominent component of economic theory, and it has a richness and elegance that underpins a host of practical applications. In this book Brian and John McCall present a comprehensive overview of the economic theory of search, from the classical model of job search formulated 40 years ago to the recent developments in eq
Author: J. Lepper Publisher: Springer ISBN: 0230346804 Category : Business & Economics Languages : en Pages : 295
Book Description
Why do markets exist? How are they maintained? What are market systems and how are they formed? This book addresses these fundamental questions and challenges the traditional view that markets and market systems are 'natural', asserting instead that they are ideologically coloured and of dubious scientific value.