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Differential Information Economies

Dionysious Glycopantis

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ISBN 10: 3540214240 / ISBN 13: 9783540214243
Published by Springer-Verlag Gmbh Nov 2004, 2004
New Condition: Neu
From Agrios-Buch (Bergisch Gladbach, Germany)

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Neuware - 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. 650 pp. Deutsch. Bookseller Inventory # 9783540214243

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Bibliographic Details

Title: Differential Information Economies

Publisher: Springer-Verlag Gmbh Nov 2004

Publication Date: 2004

Binding: Buch

Book Condition:Neu

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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. 

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