Mathematical Models in Economics
Michael Bacharach(Editor)
Clarendon Press
Published on 31. December 2003
Book
Hardback
256 pages
978-0-19-823296-4 (ISBN)
Description
This review celebrates the 25th anniversary of the Oxford Mathematical Economics Seminar. The papers have been specially commissioned from a number of scholars who have participated in the seminar in the past and have gone on to become first class economists. They are grouped into three sections: theory; theory for policy; and policy. They illustrate ways in which mathematical modelling can provide insights into economic theory. The book will be of interest to economists in the fields of econometrics, economic theory and mathematical modelling.
More details
Language
English
Place of publication
Oxford
United Kingdom
Publishing group
Oxford University Press
Target group
College/higher education
Professional and scholarly
ISBN-13
978-0-19-823296-4 (9780198232964)
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Schweitzer Classification
Content
I: Theory: W. M. Gorman: Assembling efficient organizations?; Peter Hammond: The power of small coalitions in large economies; Joseph Stiglitz & Andrew Weiss: Sorting out the differences between screening and signalling theories; Joseph Farrell: Meaning and credibility in cheap-talk games; Michael Bacharach: The role of common knowledge in the theory of games; David Ulph: Innovation under uncertainty. A general treatment; Alistair & David Ulph: Effects of innovation on labour markets; Margaret Bray: Rational expectations: Retrospective and prospective views; Michael Dempster: Stochastic models of long run macrodynamics; II: Theory for Policy: N. H. Stern: Theory of cost benefit analysis; Michael Dempster & John Enos: A model of optimal development for an under-employed economy; Sudhir Anand: Leisure and the shadow wage rate; Paul Hare: Modelling shortage in centrally planned economies; Richard Portes: Money and the consumption goods market in China: A disequilibrium model; Neil Rankin: Monetary and fiscal policy in a "Hartian" model of imperfect competition; Robert Solow: Topic in macroeconomics; Avinash Dixit: The cutting edge of international technological competition; III: Policy: John Flemming: Modelling money market interest rates; John Kay: Welfare effects of taxation; Martin Feldstin: Topic in U.S. macroeconomic policy; John Helliwell: The effects of fiscal policy on international imbalances: Japan and the United States.