Ebook: Decisions, Games and Markets

Decisions, Games and Markets is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. The book is divided into three parts - Decision Theory, Game Theory, and the Theory of Markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. Decisions, Games and Markets will be of considerable interest to both students and teachers of microeconomics and game and decision theory.

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Decisions, Games and Markets is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. The book is divided into three parts - Decision Theory, Game Theory, and the Theory of Markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. Decisions, Games and Markets will be of considerable interest to both students and teachers of microeconomics and game and decision theory.

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Decisions, Games and Markets is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. The book is divided into three parts - Decision Theory, Game Theory, and the Theory of Markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. Decisions, Games and Markets will be of considerable interest to both students and teachers of microeconomics and game and decision theory.
Content:
Front Matter....Pages i-xiii
Front Matter....Pages 1-1
“Direct” and “Indirect” Duality for Dominance Relations....Pages 3-30
Conditional Preferences, Ellsberg Paradoxes and the Sure Thing Principle....Pages 31-53
Front Matter....Pages 55-55
Games with Observable Deviators....Pages 57-96
Conjectural Equilibria and Rationalizability in a Game with Incomplete Information....Pages 97-124
Lexicographic Rationality Orderings and Iterative Weak Dominance....Pages 125-147
Front Matter....Pages 149-149
At The Roots of Indeterminacy....Pages 151-166
The Information Content of Specialist Pricing: A Dynamic Model....Pages 167-190
“Laws of Large Numbers” in Continuum Economies....Pages 191-207
Decentralization, Mobility Costs and the Soft Budget Constraint....Pages 209-238
Equivalence and Duality Between the Sets of Pareto-Maximal Allocations and the Sets of Maximal Distributable Surplus Allocations, Including Externalities....Pages 239-263
Economic Models of Social Learning....Pages 265-298
Market Size, the Informational Content of Stock Prices and Risk: A Multiasset Model and Some Evidence....Pages 299-339
Adoption of Flexible Technologies in an Evolutionary Environment....Pages 341-359
Erratum to: Adoption of Flexible Technologies in an Evolutionary Environment....Pages 360-360
Back Matter....Pages 361-368

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Decisions, Games and Markets is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. The book is divided into three parts - Decision Theory, Game Theory, and the Theory of Markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. Decisions, Games and Markets will be of considerable interest to both students and teachers of microeconomics and game and decision theory.
Content:
Front Matter....Pages i-xiii
Front Matter....Pages 1-1
“Direct” and “Indirect” Duality for Dominance Relations....Pages 3-30
Conditional Preferences, Ellsberg Paradoxes and the Sure Thing Principle....Pages 31-53
Front Matter....Pages 55-55
Games with Observable Deviators....Pages 57-96
Conjectural Equilibria and Rationalizability in a Game with Incomplete Information....Pages 97-124
Lexicographic Rationality Orderings and Iterative Weak Dominance....Pages 125-147
Front Matter....Pages 149-149
At The Roots of Indeterminacy....Pages 151-166
The Information Content of Specialist Pricing: A Dynamic Model....Pages 167-190
“Laws of Large Numbers” in Continuum Economies....Pages 191-207
Decentralization, Mobility Costs and the Soft Budget Constraint....Pages 209-238
Equivalence and Duality Between the Sets of Pareto-Maximal Allocations and the Sets of Maximal Distributable Surplus Allocations, Including Externalities....Pages 239-263
Economic Models of Social Learning....Pages 265-298
Market Size, the Informational Content of Stock Prices and Risk: A Multiasset Model and Some Evidence....Pages 299-339
Adoption of Flexible Technologies in an Evolutionary Environment....Pages 341-359
Erratum to: Adoption of Flexible Technologies in an Evolutionary Environment....Pages 360-360
Back Matter....Pages 361-368
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