Allocative and Productive Efficiency in REE with Asymmetric Information

Allocative and Productive Efficiency in REE with Asymmetric Information PDF Author: Simon Messner
Publisher:
ISBN:
Category : Costs, Industrial
Languages : en
Pages : 56

Book Description


Information and Learning in Markets

Information and Learning in Markets PDF Author: Xavier Vives
Publisher: Princeton University Press
ISBN: 140082950X
Category : Business & Economics
Languages : en
Pages : 422

Book Description
The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set. This graduate-level textbook analyzes how markets aggregate information and examines the impacts of specific market arrangements--or microstructure--on the aggregation process and overall performance of financial markets. Xavier Vives bridges the gap between the two primary views of markets--informational efficiency and herding--and uses a coherent game-theoretic framework to bring together the latest results from the rational expectations and herding literatures. Vives emphasizes the consequences of market interaction and social learning for informational and economic efficiency. He looks closely at information aggregation mechanisms, progressing from simple to complex environments: from static to dynamic models; from competitive to strategic agents; and from simple market strategies such as noncontingent orders or quantities to complex ones like price contingent orders or demand schedules. Vives finds that contending theories like informational efficiency and herding build on the same principles of Bayesian decision making and that "irrational" agents are not needed to explain herding behavior, booms, and crashes. As this book shows, the microstructure of a market is the crucial factor in the informational efficiency of prices. Provides the most complete analysis of the ways markets aggregate information Bridges the gap between the rational expectations and herding literatures Includes exercises with solutions Serves both as a graduate textbook and a resource for researchers, including financial analysts

Principles of Macroeconomics for AP® Courses 2e

Principles of Macroeconomics for AP® Courses 2e PDF Author: Steven A. Greenlaw
Publisher:
ISBN: 9781947172432
Category : Business & Economics
Languages : en
Pages : 0

Book Description
Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.

Fundamental Principles of Law and Economics

Fundamental Principles of Law and Economics PDF Author: Alan Devlin
Publisher: Routledge
ISBN: 1317616499
Category : Law
Languages : en
Pages : 437

Book Description
This textbook places the relationship between law and economics in its international context, explaining the fundamentals of this increasingly important area of teaching and research in an accessible and straightforward manner. In presenting the subject, Alan Devlin draws on the neoclassical tradition of economic analysis of law while also showcasing cutting- edge developments, such as the rise of behavioural economic theories of law. Key features of this innovative book include: case law, directives, regulations, and statistics from EU, UK, and US jurisdictions are presented clearly and contextualised for law students, showing how law and economics theory can be understood in practice; succinct end- of-chapter summaries highlight the essential points in each chapter to focus student learning; further reading is provided at the end of each chapter to guide independent research. Making use of tables and diagrams throughout to facilitate understanding, this text provides a comprehensive overview of law-and-economics that is ideal for those new to the subject and for use as a course text for law-and-economics modules.

Bulletin

Bulletin PDF Author:
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 122

Book Description


US Programs Affecting Food and Agricultural Marketing

US Programs Affecting Food and Agricultural Marketing PDF Author: Walter J. Armbruster
Publisher: Springer Science & Business Media
ISBN: 1461449308
Category : Business & Economics
Languages : en
Pages : 541

Book Description
This book discusses the increased scope, complexity and globalization of markets, the changes in technology behind this, and the need for policy and program adjustments. Also discusses the development of supply chains both domestically and globally.

AQA AS Economics Module 1&2 Digital Textbook

AQA AS Economics Module 1&2 Digital Textbook PDF Author:
Publisher: Tutor2u Limited
ISBN: 1845820045
Category :
Languages : en
Pages : 280

Book Description


OCR AS Economics, Course Companion

OCR AS Economics, Course Companion PDF Author: Tutor2u Limited
Publisher: Tutor2u Limited
ISBN: 1845820029
Category :
Languages : en
Pages : 300

Book Description


Jacaranda Key Concepts in VCE Economics 2 Units 3 and 4 11e learnON and Print

Jacaranda Key Concepts in VCE Economics 2 Units 3 and 4 11e learnON and Print PDF Author: Richard Morris
Publisher: John Wiley & Sons
ISBN: 1119884756
Category : Juvenile Nonfiction
Languages : en
Pages : 595

Book Description
This combined print and digital title provides 100% coverage of the VCE Study Design for Economics. The textbook comes with a complimentary activation code for learnON, the powerful digital learning platform making learning personalised and visible for both students and teachers. Students can start preparing from lesson one, with past VCAA exam questions embedded in every lesson. Practice, customisable SACs available for all Units to build student competence and confidence.

Cambridge International AS/A Level Economics Study and Revision Guide Third Edition

Cambridge International AS/A Level Economics Study and Revision Guide Third Edition PDF Author: Terry Cook
Publisher: Hodder Education
ISBN: 1398345229
Category : Study Aids
Languages : en
Pages : 418

Book Description
Stretch yourself to achieve the highest grades, with structured syllabus coverage, varied exam-style questions and annotated sample answers, to help you to build the essential skill set for exam success. - Benefit from expert advice and tips on skills and knowledge from experienced subject authors - Effectively manage your revision with a brand-new introduction that clearly outlines what is expected from you in the exam - Keep track of your own progress with a handy revision planner - Use the new glossary-index section to identify and address gaps in knowledge - Consolidate and apply your understanding of key content and skills with short 'Test yourself' and exam-style questions