Prices, Competition and Equilibrium. This item is unavailable.Prices, Competition and Equilibrium

This collection of original essays by noted economists was written in honor of William Baumol. The contributors offer new insights into important topics in economics. Contents: MICROECONOMICS: Utility Generated Community Demand, J. Dow and H. Sonnenscheim; Perfect Equilibrium in the Duel, A. Dixit; A General Theory of Monopolistic Competition, J. Stiglitz; MACROECONOMICS: The New Econometrics, A. Blinder; Policy Evaluation and Rational Expectations Models, W. Buiter; Expected Fiscal Policy and the Recession, W. Branson, A. Fraga, R. Johnson; INDUSTRIAL ORGANIZATION: Constraint of the Acquisition Price of Capital Equipment, D. Krupka and L. White; Supervision Technology, Firm Structure and Employees' Welfare, J. Ordover; A Model of Embodied Technical Change, R. Gordon, M. Schankerman, R. Spady; FINANCIAL ECONOMICS: Dividend Payments, J. Cragg; Baumol and Finance, B. Malkiel; Investing in Plant and R&D, J. Bernstein and I. Nadiri; URBAN ECONOMICS: Incentives for Environment Protection, W. Oates; Employment Growth, E. Mills; Models and Policy, E. Bailey