Assets, Beliefs, and Equilibria in Economic Dynamics: Essays in Honor of Mordecai Kurz / Edition 1

Hardcover (Print)
Buy New
Buy New from BN.com
$242.75
Used and New from Other Sellers
Used and New from Other Sellers
from $222.38
Usually ships in 1-2 business days
(Save 25%)
Other sellers (Hardcover)
  • All (4) from $222.38   
  • New (3) from $222.38   
  • Used (1) from $349.04   

Overview

This volume contains a collection of papers dealing with a broad range of topics in mathematical economics, game theory and economic dynamics. The contributions present both theoretical and applied research. The volume is dedicated to Mordecai Kurz. The papers were presented in a special symposium co-hosted by the Stanford University Department of Economics and by the Stanford Institute of Economic Policy Research in August 2002.

Read More Show Less

Product Details

  • ISBN-13: 9783540009115
  • Publisher: Springer Berlin Heidelberg
  • Publication date: 11/5/2003
  • Series: Studies in Economic Theory Series , #18
  • Edition description: 2004
  • Edition number: 1
  • Pages: 744
  • Product dimensions: 6.40 (w) x 9.50 (h) x 1.80 (d)

Table of Contents

Foreword to the Symposium in Honor of Mordecai Kurz.- The genuine savings criterion and the value of population.- Macro foundations of micro-economics.- Risk aversion in the Talmud.- Annuities and retirement.- Claims problems and weighted generalizations of the Talmud rule.- Speculative trading with rational beliefs and endogenous uncertainty.- Floating exchange rates versus a monetary union under rational beliefs: the role of endogenous uncertainty.- Endogenous uncertainty and the non-neutrality of money.- Inside and outside fiat money, gains to trade, and IS-LM.- The economic effects of restrictions on government budget deficits: imperfect private credit markets.- Speculative trade, asset prices and investment levels.- Indeterminacy of equilibrium in shastic OLG models.- Existence and uniqueness of ‘money’ in general equilibrium: natural monopoly in the most liquid asset.- Is assortative matching efficient?.- On extensive form implementation of contracts in differential information economies.- Vickrey auctions with reserve pricing.- Incentives in market games with asymmetric information: the core.- The cheapest hedge.- The informational efficiency of finite price mechanisms.- Information at equilibrium.- Nash and Walras equilibrium via Brouwer.- The application of CVM for assessing the tele-health system: an analysis of the discrepancy between WTP and WTA based on survey data.- Similarity of endowments and the factor price equalization condition.- Domestic and international strategic interactions in environment policy formation.- Firm reputation with hidden information.- Structural breaks in the volatility of macroeconomic and financial data: The rule, not the exception.- Effect of credible quality investment with Bertrand and Cournot competition.- To each according to his needs: an axiomatic characterization.- Closed-loop equilibrium in a multi-stage innovation race.- Modelling exchange of probabilistic opinions.- Effects of asset market structure on welfare and trading volume.- Estimating the stationary distribution of a Markov chain.- Monte Carlo simulation of macroeconomic risk with a continuum of agents: the symmetric case.- A more reasonable model of insurance demand.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)