Equilibrium and Dynamics
Essays in Honour of David Gale
Published on 1. May 1992
Book
Hardback
448 pages
978-0-333-52687-3 (ISBN)
Description
Over the last 40 years, Professor David Gale has played a leading role in developing two themes of fundamental importance to economic theory; first, the formulation of appropriate concepts of economic equilibrium in the tradition of Walras and Cournot; secondly, the analysis of evolution of economic agents and institutions in a dynamic environment. As a tribute to his creative research, this volume contains contributions from some leading researchers who explore different directions in these areas. Some have extended the existing literature, other have stressed the need for new directions. The volume is of particular interest to researchers in economic theory.
More details
Language
English
Place of publication
Basingstoke
United Kingdom
Target group
College/higher education
Professional and scholarly
Illustrations
index
Dimensions
Height: 240 mm
Width: 165 mm
Weight
700 gr
ISBN-13
978-0-333-52687-3 (9780333526873)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
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06/1992
Palgrave Macmillan
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01/1992
Palgrave Macmillan
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Content
Equilibrium in a matching market with general preferences and a multi-item auction, Ahmet Alkan; general equilibrium with infinitely many goods - the case of separable utilities, Aloisio Araujo and P.K.Monteiro; regular demand with several, general budget constraints, Yves Balasko and David Cass; arbitrage opportunities in financial markets are not inconsistent with competitive equilibrium, Lawrence M. Benveniste and Juan Ketterer; fiscal and monetary policy in a general equilibrium model, Truman Bewley; equilibrium in preemption games with complete information, Ken Hendricks and Charles Wilson; allocation of aggregate and individual risks through financial markets, Michael J.P.Magill and Wayne J.Shafer; survival under production uncertainty, Mukul Majumdar and Roy Radner; equilibrium existence theory with possibly satiated preferences, Andreu Mas-Collel; on the existence of a stationary optimal stock for a multi-sector economy with a non-convex technology, Tapan Mitra; a note on optimal development in a multi-sector non-convex economy, Mukul Majumdar and Bazalel Peleg; a genuine Keynesian growth cycle, Hukukane Nikaido; on perfectly coalition-proof Nash equilibria, Bezalel Peleg; efficiency of marginal cost pricing equilibria, Martine Quinzii; a long-open question on utility and conserved-energy functions, Paul A. Samuelson; how (and when) to communicate with enemies, Joel Sobel; the multiple partners game, Marilda Sotomayor; Gale tales, William A.Brock.