Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress

by Edited by Richard Blundell , Whitney K. Newey , Torsten Persson

• ISBN13: 9780521692083
• ISBN10: 0521692083
• Edition: 1st
• Format: Paperback
• Copyright: 2006-08-14
• Publisher: Cambridge University Press

Summary

This is the first of three volumes containing edited versions of papers and a commentary presented at invited symposium sessions of the Ninth World Congress of the Econometric Society, held in London in August 2005. The papers summarise and interpret key developments, and they discuss future directions for a wide variety of topics in economics and econometrics. The papers cover both theory and applications. Written by leading specialists in their fields, these volumes provide a unique survey of progress in the discipline.

Table of Contents

Contributors	ix
Introduction by the Editors	xi
The Economics of Social Networks	1	(56)
Matthew O. Jackson
Multi-Contracting Mechanism Design	57	(45)
David Martimort
Allocative and Informational Externalities in Auctions and Related Mechanisms	102	(34)
Philippe Jehiel
Benny Moldovanu
The Economics of Relationships	136	(50)
Larry Samuelson
Information in Mechanism Design	186	(36)
Dirk Bergemann
Juuso Valimaki
Communication in Economic Mechanisms	222	(47)
Ilya Segal
Advances in Dynamic Optimal Taxation	269	(29)
Narayana R. Kocherlakota
Quantitative Macroeconomic Models with Heterogeneous Agents	298	(43)
Per Krusell
Anthony A. Smith, Jr.
Modeling Inefficient Institutions	341	(40)
Daron Acemoglu
Whither Political Economy? Theories, Facts and Issues	381	(41)
Antonio Merlo
Comments on Acemoglu and Merlo	422	(9)
Timothy Besley
Index	431