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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Differential Information Economies

Differential Information Economies

Glycopantis, Dionysius
Yannelis, Nicholas C.

Paperback

Series: Studies in Economic Theory, Book 19

EconomicsGeneral Mathematics

ISBN10: 3642059775
ISBN13: 9783642059773
Publisher: Springer
Published: Oct 21 2010
Pages: 650
Weight: 2.06
Height: 1.36 Width: 6.14 Depth: 9.21
Language: English
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 cooperative equilibrium concepts which have these properties. This volume contains original contributions on noncooperative and cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability, learning and continuity of alternative equilibria are also examined.

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