Investment and all other economic actions depend on 'subjective' expectations. The problem is how to construct a theory … economics of F.A.Hayek, Koppl gives us such a theory. This includes a theory of 'Big Players', demonstrating that discretionary … economic theory, and connects with many other schools of economics including New Institutional Economics, Constitutional …

, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these …

One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive …

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 …

widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general …

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 …