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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
This book addresses the gaps in undergraduate teaching of partial equilibrium analysis, providing a general equilibrium viewpoint to illustrate the assumptions underlying partial equilibrium welfare analysis. It remains unexplained, at least at the level of general economics teaching, in what...
Persistent link: https://www.econbiz.de/10012397182
Non-Equilibrium Social Science & Policy -- Economics -- Social Psychology and Narrative Economy -- Sociology and Non-Equilibrium Social Science -- Geography far from Equilibrium -- Cities in Disequilibrium -- The Evolutionary Theory of Globalization -- Systems, Networks, and Policy -- Towards a...
Persistent link: https://www.econbiz.de/10011607969
Chapter 1 Price Disequilibrium Theory -- Chapter 2 International Grid of Capital Flows: Innovation, Crisis, and Off-shore Banking -- Chapter 3 Dynamics of Government Fiscal Instability -- Chapter 4 Public and Private Debt Markets in Disequilibrium Theory -- Chapter 5 Why ‘Austerity’ Failed...
Persistent link: https://www.econbiz.de/10014018527
The papers in this volume explore various issues relating to theories of individual and collective choice, and theories of social welfare. The topics include individual and collective rationality, motivation and intention in economics, coercion, public goods, climate change, and voting theory....
Persistent link: https://www.econbiz.de/10014019526
Aggregative Games with Monotone Best Responses -- Existence and Uniqueness of Nash Equilibrium in Aggregative Games: an Expository … in a Quantity-Setting Oligopoly -- Evolutionary Oligopoly Models of Commercial Fishing with Heterogeneities -- Existence …, addressing topics such as equilibrium existence and uniqueness, equilibrium structure, dynamic processes, coalitional behavior …
Persistent link: https://www.econbiz.de/10014019773
- Breaking the Circular Flow: A Dynamic Programming Approach to Schumpeter -- A Review in Campaigns: Going Positive and Negative -- Comments on Lattice Structures and Deferred Acceptance Algorithm -- Externalities, Optimal Subsidy and Growth -- The Fractal Nature of Bitcoin: Evidence From...
Persistent link: https://www.econbiz.de/10014020596
One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or...
Persistent link: https://www.econbiz.de/10013520473
are incomplete and existence of equilibria in such settings is proven under very general preference assumptions. The model …
Persistent link: https://www.econbiz.de/10013520492