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9780521063869

Essays in Honor of Kenneth J. Arrow

by
  • ISBN13:

    9780521063869

  • ISBN10:

    0521063868

  • Edition: 1st
  • Format: Paperback
  • Copyright: 2008-06-05
  • Publisher: Cambridge University Press

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Summary

Professor Kenneth J. Arrow is one of the most distinguished economic theorists. He has played a major role in shaping the subject and is honoured by the publication of three volumes of essays on economic theory. Each volume deals with a different area of economic theory. The books include contributions by some of the best economic theorists from the United Stated, Japan, Israel and Europe. This third volume is entitled Uncertainty, Information, and Communication.

Table of Contents

Uncertainty
Negotiation in games: a theoretical overview
Repeated moral hazard with low discount rates
Existence, regularity, and constrained suboptimality of competitive allocations when the asset market is incomplete
Asset pricing theories
Independence versus dominance in personal probability axioms
Univariate and multivariate comparisons of risk aversion: a new approach
Information, Communication and Organization
The cost of communication in economic organization: II
Assembling efficient organizations?
Optimal Bayesian mechanisms
Incentive theory with data compression
Alternative limited communication systems: centralization versus interchange of information
Table of Contents provided by Publisher. All Rights Reserved.

Supplemental Materials

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