Download or read book Dynamic Games and Applications in Economics written by Tamer Başar and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains eleven articles which deal with different aspects of dynaoic and differential game theory and its applications in economic modeling and decision making. All but one of these were presented as invited papers in special sessions I organized at the 7th Annual Conference on Economic Dynamics and Control in London, England, during the period June 26-28, 1985. The first article, which comprises Chapter 1, provides a general introduction to the topic of dynamic and differential game theory, discusses various noncooperative equilibrium solution concepts, includ ing Nash, Stackelberg, and Consistent Conjectural Variations equilibria, and a number of issues such as feedback and time-consistency. The second chapter deals with the role of information in Nash equilibria and the role of leadership in Stackelberg problems. A special type of a Stackelberg problem is the one in which one dominant player (leader) acquires dynamic information involving the actions of the others (followers), and constructs policies (so-called incentives) which enforce a certain type of behavior on the followers; Chapter 3 deals with such a class of problems and presents some new theoretical results on the existence of affine incentive policies. The topic of Chapter 4 is the computation of equilibria in discounted stochastic dynamic games. Here, for problems with finite state and decision spaces, existing algorithms are reviewed, with a comparative study of their speeds of convergence, and a new algorithm for the computation of nonzero-sum game equilibria is presented.

Download or read book Journal of Economic Dynamics Control written by and published by . This book was released on 2000 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Conference Papers written by Royal Economic Society (Great Britain). Conference and published by . This book was released on 1985 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Economic Policy Coordination written by Centre for Economic Policy Research (Great Britain) and published by CUP Archive. This book was released on 1985 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents some of the best current research on international economic policy coordination.

Download or read book Economics Letters written by and published by . This book was released on 1989 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How Should Control Theory be Used by a Time consistent Government written by Daniel Cohen and published by . This book was released on 1986 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Prices Quantities and Expectations written by P. J. N. Sinclair and published by Oxford [Oxfordshire] : Clarendon Press ; New York : Oxford University Press. This book was released on 1987 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: A special issue of "Oxford Economic Papers". This volume honours Keynes by gathering contemporary analysis of the issues upon which he initiated discussion.

Download or read book Towards a Competence Theory of the Firm written by Nicolai J. Foss and published by Routledge. This book was released on 2013-12-02 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a new theory of the firm produced through an exchange between management theory and economics. In the process economics is seen to provide a foundational element for strategy research whilst developing a more realistic theory of the firm with a greater emphasis on its internal features. The success of competence theories of the firm also reflects their ability to explain significant trends in the business world, notably the declining importance of conglomerates and critical features in the success of Asian and Japanese business.

Download or read book Capital Accumulation Inflation and Long run Conflict in International Objectives written by Frederick van der Ploeg and published by . This book was released on 1986 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Rivista delle societ commerciali written by and published by . This book was released on 1992 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes sections "Rassegna delle pubblicazioni economiche" and "Rassegna della stampa economica periodica."

Download or read book Macro Monetary Economics Reading Lists written by Edward Tower and published by . This book was released on 1985 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Credibility and Time Inconsistency in a Stochastic World written by David A. Currie and published by . This book was released on 1986 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Sustainability of Optimal Cooperative Macroeconomic Policies in a Two country World written by Paul Levine and published by . This book was released on 1986 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Rivista di politica economica written by and published by . This book was released on 1992 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Dynamic General Equilibrium Theory written by Alessandro Citanna and published by Springer Science & Business Media. This book was released on 2006-01-11 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.

Download or read book International Policy Coordination in Interdependent Monetary Economies written by Frederick van der Ploeg and published by . This book was released on 1987 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monetary Theory and Policy third edition written by Carl E. Walsh and published by MIT Press. This book was released on 2010-02-12 with total page 639 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of the leading text in monetary economics, a comprehensive treatment revised and enhanced with new material reflecting recent advances in the field. This text presents a comprehensive treatment of the most important topics in monetary economics, focusing on the primary models monetary economists have employed to address topics in theory and policy. It covers the basic theoretical approaches, shows how to do simulation work with the models, and discusses the full range of frictions that economists have studied to understand the impacts of monetary policy. Among the topics presented are money-in-the-utility function, cash-in-advance, and search models of money; informational, portfolio, and nominal rigidities; credit frictions; the open economy; and issues of monetary policy, including discretion and commitment, policy analysis in new Keynesian models, and monetary operating procedures. The use of models based on dynamic optimization and nominal rigidities in consistent general equilibrium frameworks, relatively new when introduced to students in the first edition of this popular text, has since become the method of choice of monetary policy analysis. This third edition reflects the latest advances in the field, incorporating new or expanded material on such topics as monetary search equilibria, sticky information, adaptive learning, state-contingent pricing models, and channel systems for implementing monetary policy. Much of the material on policy analysis has been reorganized to reflect the dominance of the new Keynesian approach. Monetary Theory and Policy continues to be the only comprehensive and up-to-date treatment of monetary economics, not only the leading text in the field but also the standard reference for academics and central bank researchers.