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Part I: Introductory Matter -- 1.Utility and Demand -- 2.Elements of Production -- Part II: Models -- 3.Cournot I: Constant Returns -- 4.Cournot II: Returns to Scale and Stability -- Bertrand -- 6.Stackelberg -- 7.Hotelling Duopoly -- 8.Disequilibrium Trade and Pricing of Durable Commodities --...
Persistent link: https://www.econbiz.de/10013256190
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s...
Persistent link: https://www.econbiz.de/10012397147
, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these …
Persistent link: https://www.econbiz.de/10014019526
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive …
Persistent link: https://www.econbiz.de/10013520473
Competition and efficiency is at the core of economic theory. This volume collects papers of leading scholars, which … evaluated. Core equivalence is shown for bargaining economies. The theory of risk aversion is extended and the relation between …
Persistent link: https://www.econbiz.de/10013520492
widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general …
Persistent link: https://www.econbiz.de/10014015166
The research of Soviet scientists within the field of game theory has resulted in many high-level publications. This … readership. It contains a collection of contributions in game theory and the field of equilibrium theory …
Persistent link: https://www.econbiz.de/10013520533
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This work uses various model frameworks to study the evolution of equilibria in an open loop evolving economy in which the model characteristics evolve without any directional restrictions except for continuity. Applying mathematical methods, it is shown that equilibria can always be adapted in...
Persistent link: https://www.econbiz.de/10013520699