Organization with Incomplete Information: Essays in Economic Analysis: A Tribute to Roy Radner - Couverture rigide

Couverture rigide

ISBN 10 : 0521553008 ISBN 13 : 9780521553001

Editeur : Cambridge University Press, 1998

Synopsis

This collection provides a definitive and accessible account of recent research in the theory of decision-making and organization-design with incomplete information.

A propos du livre

Présentation de l'éditeur

There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 1998
• Langue: anglais
• ISBN 10: 0521553008
• ISBN 13: 9780521553001
• Reliure: Relié
• Nombre de pages: 358
• Éditeur: Majumdar Mukul
• Coordonnées du fabricant: Cambridge University Press; https://www.cambridge.org/; ; Via Honduras,15; Pomezia; Italia; 71; Italie