Computation and Complexity in Economic Behavior and Organization
1st Edition
Published on 2. December 2004
978-0-511-05691-8 (ISBN)
Description
This book presents a model of computing and a measure of computational complexity which are intended to facilitate analysis of computations performed by people, machines, or a mixed system of people and machines. The model is designed to apply directly to models of economic theory, which typically involve continuous variables and smooth functions, without requiring analysis of approximations. The model permits analysis of the feasibility and complexity of the calculations required of economic agents in order for them to arrive at their decisions. The treatment contains applications of the model to game theory and economics, including comparison of the complexities of different solution concepts in certain bargaining games, and the trade-off between communication and computation in an example of an Edgeworth Box economy.
Reviews / Votes
'... the authors present frontier research methods on the important economics of 'mechanism design ...' Asia Pacific Journal of ManagementMore details
Language
English
Place of publication
Cambridge
United Kingdom
Publishing group
Cambridge University Press
Target group
Professional and scholarly
College/higher education
Illustrations
7 Tables, unspecified; 51 Line drawings, unspecified
File size
1,61 MB
ISBN-13
978-0-511-05691-8 (9780511056918)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Kenneth R. Mount | Stanley Reiter
Computation and Complexity in Economic Behavior and Organization
Book
07/2007
Cambridge University Press
€43.20
Shipment within 15-20 days
Kenneth R. Mount | Stanley Reiter
Computation and Complexity in Economic Behavior and Organization
Book
06/2002
Cambridge University Press
€57.40
Shipment within 15-20 days
Persons
Content
Acknowledgements; 1. Introduction; 2. F networks; 3. Networks of real-valued functions; 4. Applications to economics; 5. Applications to games; 6. Lower bounds and approximations; 7. Organizations; Appendices; Bibliography; Index.
