Download or read book Axiomatic choice models and duality written by H.N. Weddepohl and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day people frequently have to make a choice. For practical and scientific reasons therefore it is interesting to know what choices they make and how they arrive at them. An approach to this question can be made via psychology. However, it is also possible to approach it on a more formal basis. In this book Dr. Wedde pohl describes the logical structure of an individual's rational choice. It is this formal, logical approach to the decision problem that makes the book interesting reading matter for all those who are engaged in the study of individual choice. The introduction apart this study may be divided into two parts. The first part, consisting of chapters II and III, deals with choice theory on a very abstract level. In chapter II some mathematical concepts are presented and in chapter III two related choice models are treated, the first one based on preferences, the second one on choice functions. The second part consists of chapters IV, V and VI and covers consumer choice theory. After the pre sentation of the mathematical tools, two models that are extensions of the models of chapter III are dealt with. In the discussion of consumer choice theory the concept of duality plays an important role and it is found that duality is closely related to the notion of favourability introduced in chap ter II I. Mr. Weddepohl's study forms an introduction to a larger research project to develop the theory of collective choice.
Download or read book Axiomatic choice models and duality written by Claus Weddepohl and published by . This book was released on 1970 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Axiomatic choice models and duality pref written by H. N. Weddepohl and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Axiomatic Choice Models and Duality written by H. N. Weddepohl and published by . This book was released on 1970 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Axiomatic choice models and duality written by H. N. Weddepohl and published by . This book was released on 1970 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Axiomatic choice models and duality written by H. N. Weddepohl and published by . This book was released on 1970 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Duality and Modern Economics written by Richard Cornes and published by CUP Archive. This book was released on 1992-02-28 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a simple introductory exposition to the basic structure of dual technique analysis - consumer behaviour and producer behaviour - which has been used by many economists since the 1970s. Includes diagrams and an index.
Download or read book Selected Topics in Operations Research and Mathematical Economics written by G. Hammer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Let eRN be the usual vector-space of real N-uples with the usual inner product denoted by (. ,. ). In this paper P is a nonempty compact polyhedral set of mN, f is a real-valued function defined on (RN continuously differentiable and fP is the line- ly constrained minimization problem stated as : min (f(x) I x € P) • For computing stationary points of problemtj) we propose a method which attempts to operate within the linear-simplex method structure. This method then appears as a same type of method as the convex-simplex method of Zangwill [6]. It is however, different and has the advantage of being less technical with regards to the Zangwill method. It has also a simple geometrical interpretation which makes it more under standable and more open to other improvements. Also in the case where f is convex an implementable line-search is proposed which is not the case in the Zangwill method. Moreover, if f(x) = (c,x) this method will coincide with the simplex method (this is also true in the case of the convex simplex method) i if f(x) = I Ixl 12 it will be almost the same as the algorithm given by Bazaraa, Goode, Rardin [2].
Download or read book Equilibrium Markets and Dynamics written by Cars H. Hommes and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib rium theory as the main theme.
Download or read book Convex Analysis and Mathematical Economics written by J. Kriens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: On February 20, 1978, the Department of Econometrics of the University of Tilburg organized a symposium on Convex Analysis and Mathematical th Economics to commemorate the 50 anniversary of the University. The general theme of the anniversary celebration was "innovation" and since an important part of the departments' theoretical work is con centrated on mathematical economics, the above mentioned theme was chosen. The scientific part of the Symposium consisted of four lectures, three of them are included in an adapted form in this volume, the fourth lec ture was a mathematical one with the title "On the development of the application of convexity". The three papers included concern recent developments in the relations between convex analysis and mathematical economics. Dr. P.H.M. Ruys and Dr. H.N. Weddepohl (University of Tilburg) study in their paper "Economic theory and duality", the relations between optimality and equilibrium concepts in economic theory and various duality concepts in convex analysis. The models are introduced with an individual facing a decision in an optimization problem. Next, an n person decision problem is analyzed, and the following concepts are defined: optimum, relative optimum, Nash-equilibrium, and Pareto-optimum.
Download or read book Games Decisions and Markets written by Yasuhiro Sakai and published by Springer Nature. This book was released on with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Additive Representations of Preferences written by P.P. Wakker and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consequences of the Axiom of Choice written by Paul Howard and published by American Mathematical Soc.. This book was released on 1998 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, Consequences of the Axiom of Choice, is a comprehensive listing of statements that have been proved in the last 100 years using the axiom of choice. Each consequence, also referred to as a form of the axiom of choice, is assigned a number. Part I is a listing of the forms by number. In this part each form is given together with a listing of all statements known to be equivalent to it (equivalent in set theory without the axiom of choice). In Part II the forms are arranged by topic. In Part III we describe the models of set theory which are used to show non-implications between forms. Part IV, the notes section, contains definitions, summaries of important sub-areas and proofs that are not readily available elsewhere. Part V gives references for the relationships between forms and Part VI is the bibliography. Part VII is contained on the floppy disk which is enclosed in the book. It contains a table with form numbers as row and column headings. The entry in the table in row $n$, column $k$ gives the status of the implication ``form $n$ implies form $k$''. Software for easily extracting information from the table is also provided. Features: complete summary of all the work done in the last 100 years on statements that are weaker than the axiom of choice software provided gives complete, convenient access to information about relationships between the various consequences of the axiom of choice and about the models of set theory descriptions of more than 100 models used in the study of the axiom of choice an extensive bibliography About the software: Tables 1 and 2 are accessible on the PC-compatible software included with the book. In addition, the program maketex.c in the software package will create TeX files containing copies of Table 1 and Table 2 which may then be printed. (Tables 1 and 2 are also available at the authors' Web sites: http://www.math.purdue.edu/$\sim$jer/ or http://www.emunix.emich.edu/$\sim$phoward/.) Detailed instructions for setting up and using the software are included in the book's Introduction, and technical support is available directly from the authors.
Download or read book Axiomatic Models and Duality written by H. N.. Weddepohl and published by . This book was released on 1970 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Equilibrium and Disequilibrium in Economic Theory written by G. Schwödiauer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.
Download or read book Hearings Reports and Prints of the House Committee on Interstate and Foreign Commerce written by United States. Congress. House. Committee on Interstate and Foreign Commerce and published by . This book was released on 1976 with total page 1360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Enlarging economic doctrine written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power and published by . This book was released on 1976 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
