Showing 1 - 10 of 28
adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and …
Persistent link: https://www.econbiz.de/10010535224
gains from trade, and papers on tariffs, quotas and subsides, which cover both 'positive' and welfare aspects of trade …
Persistent link: https://www.econbiz.de/10004973280
James Anderson has been a singular force in the research on tariffs versus quotas. In this book he demonstrates that in … most reasonable circumstances, quotas are an inferior trade policy relative to import tariffs. He presents substantive new … work on tariffs and quotas in imperfect competition and provides a better understanding of quotas and protection policies …
Persistent link: https://www.econbiz.de/10005034490
Game theory models are ubiquitous in economics, common in political science, and increasingly used in psychology and sociology; in evolutionary biology, they offer compelling explanations for competition in nature. But game theory has been only sporadically applied to the humanities; indeed, we...
Persistent link: https://www.econbiz.de/10008919682
Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior; or they can take a "wait and see" approach to...
Persistent link: https://www.econbiz.de/10010535207
Empirical literature in disciplines ranging from behavioral genetics to economics shows that in virtually every aspect of life the outcomes of children are correlated to a greater or lesser extent with the outcomes of their parents and their siblings. In Heredity, Family, and Inequality, the...
Persistent link: https://www.econbiz.de/10010535222
This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control, game theory, and mechanism design in one volume. Technically rigorous and largely self-contained, it provides an introduction to the use of optimal control theory for...
Persistent link: https://www.econbiz.de/10010535230
In Game Theory and the Social Contract, Ken Binmore argues that game theory provides a systematic tool for investigating ethical matters. His reinterpretation of classical social contract ideas within a game-theoretic framework generates new insights into the fundamental questions of social...
Persistent link: https://www.econbiz.de/10004973021
This volume brings together all of Ken Binmore's influential experimental papers on bargaining along with newly written commentary in which Binmore discusses the underlying game theory and addresses the criticism leveled at it by behavioral economists. When Binmore began his experimental work in...
Persistent link: https://www.econbiz.de/10004973065
Robert Aumann's groundbreaking career in game theory has spanned over 35 years. These two volumes provide convenient access to all of his major research--from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on...
Persistent link: https://www.econbiz.de/10004973109