The Economics of Informational Decentralization: Complexity, Efficiency, and Stability : Essays in Honor of Stanley Reiter - Tapa blanda

Sinopsis

Preface. 1. Information Flows Intrinsic to the Stability of Economic Equilibrium; J.S. Jordan. 2. Mechanisms for the Realization of Equilibria; K.R. Mount. 3. Convergence Theorems for a Class of Recursive Stochastic Algorithms; D. Morano, M. Walker. 4. Efficiency in Partnership when the Joint Output is Uncertain; S.R. Williams, R. Radner. 5. Institutional Choice and Institutional Transformation: Perspectives from the Colonial Experience; J. Hughes. 6. An Axiomatic Characterization of the Price Mechanism; H. Sonnenschein. 7. Structured Private Enterprise; E. Ames. 8. The Last 1,945 Sailing Ships; L.E. Davis, R.E. Gallman. 9. Sufficient Statistics, Utility Theory, and Mechanism Design; D.G. Saari. 10. Information Processing in Firms and Returns to Scale; R. Radner, T. van Zandt. 11. A Nash Solution for Multilateral Bargaining; E. Bennett. 12. Communication Requirements for Individual Agents in Networks and Hierarchies; T. Marschak, S. Reichelstein. 13. On Modeling Cheap Talk in Bayesian Games; S.A. Matthews, A. Postlewaite. 14. Feasible Implementation of Social Choice Correspondence by Nash Equilibrium; L. Hurwicz, E. Maskin, A. Postlewaite. Index.

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