標(biāo)題: Titlebook: Allocation, Information and Markets; John Eatwell,Murray Milgate,Peter Newman Book 1989 Palgrave Macmillan, a division of Macmillan Publis [打印本頁] 作者: proptosis 時間: 2025-3-21 19:37
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書目名稱Allocation, Information and Markets讀者反饋
書目名稱Allocation, Information and Markets讀者反饋學(xué)科排名
作者: 鞠躬 時間: 2025-3-21 21:27 作者: Evolve 時間: 2025-3-22 01:27 作者: 不成比例 時間: 2025-3-22 07:55
Auctions,notes). The Romans made extensive use of auctions in commerce and the Roman emperors Caligula and Aurelius auctioned royal furniture and heirlooms to pay debts. Roman military expeditions were accompanied by traders who bid for the spoils of war auctioned . (under the spear) by soldiers. In AD 193 t作者: 流眼淚 時間: 2025-3-22 09:21 作者: Presbyopia 時間: 2025-3-22 15:02
The Coase Theorem,t down, and, when others try, it probably turns out to be false or a tautology. The proposition, or propositions, called the Coase Theorem was originally developed through a series of examples (Coase, 1960). Like a judge, Coase steadfastly refused to articulate broad generalizations in his original 作者: 使激動 時間: 2025-3-22 20:12
Decentralization,tive systems characterized by different degrees of centralization of decision taking. A fully centralized system runs the risk of being inefficient because it does not create proper economic incentives and the centre is poorly informed. A pure market system with its high degree of decentralization r作者: Ligneous 時間: 2025-3-22 22:16
Economic Organization and Transaction Costs,roduction and exchange activities are arranged. This implies that in the absence of transaction costs, alternative institutional or organizational arrangements would provide no basis for choice and hence could not be interpreted by economic theory. Not only would economic organization be randomly de作者: Meditate 時間: 2025-3-23 02:27
Exchange, processes that transform commodities and those that transfer control. For production or consumption, exchange is essential to efficient use of resources. It allows decentralization and specialization in production; and for consumption, agents with diverse endowments or preferences require exchange 作者: Plaque 時間: 2025-3-23 06:05
Experimental Methods in Economics,astronomy or meteorology than physics or chemistry. Based on general, introspectively ‘plausible’, assumptions about human preferences, and about the cost and technology-based supply response of producers, economists have sought to understand the functioning of economies, using observations generate作者: 光滑 時間: 2025-3-23 13:25
Fraud, to choose a course of action he would not have chosen had he been properly informed. The essential element of this phenomenon is the presence of two individuals both of whom have something to gain from co-operating with each other but who have conflicting interests and differential information. Mor作者: 音樂戲劇 時間: 2025-3-23 16:57
Hidden Actions, Moral Hazard and Contract Theory,s behaviour. As an extreme but standard example, a fire insurance holder may burn the property in order to obtain the insured sums. Although the expression can be found in earlier literature, its extensive use in economics can be dated from Arrow’s . (1971), which had a decisive influence in popular作者: Hla461 時間: 2025-3-23 20:46 作者: 假裝是你 時間: 2025-3-24 01:15
Incentive Compatibility, the Pareto-efficient allocation of resources or the equitable resolution of disputes. In many situations it is relatively easy to conceive of feasible processes; processes which will accomplish the goals if all participants follow the rules and are capable of handling the informational requirements作者: 裝入膠囊 時間: 2025-3-24 04:20
Incomplete Contracts,nderstanding of the standard theory of perfect competition under complete markets, but more importantly to the resulting realization that this paradigm is insufficient to accommodate a number of important economic phenomena. Studying in more detail the process of contracting — particularly its hazar作者: 自制 時間: 2025-3-24 09:35 作者: VOK 時間: 2025-3-24 13:43
Market Failure,ve an equilibrium allocation of resources which is Pareto optimal. This characteristic of markets, which was loosely conjectured by Adam Smith, has received its clearest expression in the theorems of modern welfare economics. For our purposes, the first of these, named the First Fundamental Theorem 作者: superfluous 時間: 2025-3-24 16:45
2946-9805 ject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.978-0-333-49539-1978-1-349-20215-7Series ISSN 2946-9805 Series E-ISSN 2946-9813 作者: 蓋他為秘密 時間: 2025-3-24 21:50 作者: Ancestor 時間: 2025-3-25 01:19 作者: 縫紉 時間: 2025-3-25 04:35 作者: Picks-Disease 時間: 2025-3-25 10:47
Economic Organization and Transaction Costs,angements would provide no basis for choice and hence could not be interpreted by economic theory. Not only would economic organization be randomly determined; there actually would not be any organization to speak of: production and exchange activities would simply be guided by the invisible hand of the market.作者: resistant 時間: 2025-3-25 13:38
Incomplete Contracts,m is insufficient to accommodate a number of important economic phenomena. Studying in more detail the process of contracting — particularly its hazards and imperfections — is a natural way to enrich and amend the idealized competitive model in an attempt to fit the evidence better.作者: DRILL 時間: 2025-3-25 18:07 作者: 農(nóng)學(xué) 時間: 2025-3-25 20:11 作者: anticipate 時間: 2025-3-26 01:39
Sarah L. Pallas,Mei Xu,Khaleel A. Razakng a trading process, frequently over a long period of time, between two . economic units (say a worker and a firm, union and management, etc.) rather than the impersonal, and often instantaneous, market process in which wages decentralize and coordinate the actions of labour suppliers and labour demanders.作者: 猜忌 時間: 2025-3-26 04:49
Janusz Reykowski,Jerzy Karylowski can be stated informally as follows: a state of affairs is Pareto optimal if it is within the given constraints and it is not the case that everyone can be made better off in his own view by changing to another state of affairs that satisfies the applicable constraints.作者: PARA 時間: 2025-3-26 12:04
https://doi.org/10.1007/978-1-4615-0549-5ning bid, 6250 drachmas, was declared emperor of Rome. It would appear that the Romans used the ‘English’ progressive method of auctioning, since the word auction is derived from the Latin root . (an increase).作者: chastise 時間: 2025-3-26 14:09
https://doi.org/10.1007/978-1-4615-0549-5 surveys are by Engelbrecht-Wiggans (1980), Engelbrecht-Wiggans, Shubik and Stark (1983), Milgrom (1985), and MacAfee and McMillan (1986); bibliographies are in MacAfee and McMillan (1986) and Stark and Rothkopf (1979); and Cassady (1967) provides an historical perspective.作者: Mhc-Molecule 時間: 2025-3-26 19:31
Sensory Pathways in , Central Nervous Systemwer, I will offer several conventional interpretations of the Coase Theorem and illustrate them with one of his examples. After more than twenty years of debate the conventional interpretations appear to have exhausted its meanings.作者: Reclaim 時間: 2025-3-26 22:39 作者: 驚呼 時間: 2025-3-27 01:26
Barbara Bompani,Maria Frahm-Arpively, and (3) if an equilibrium exists, then the allocation of resources in that equilibrium will be Pareto optimal. (See Arrow, 1951, or Debreu, 1959.) Market failure is said to occur when the conclusion of this theorem is false; that is, when the allocations achieved with markets are not efficient.作者: 責(zé)任 時間: 2025-3-27 08:33 作者: 勉強 時間: 2025-3-27 10:50
Auctions,ning bid, 6250 drachmas, was declared emperor of Rome. It would appear that the Romans used the ‘English’ progressive method of auctioning, since the word auction is derived from the Latin root . (an increase).作者: Baffle 時間: 2025-3-27 16:44 作者: Iniquitous 時間: 2025-3-27 18:09
The Coase Theorem,wer, I will offer several conventional interpretations of the Coase Theorem and illustrate them with one of his examples. After more than twenty years of debate the conventional interpretations appear to have exhausted its meanings.作者: 搜集 時間: 2025-3-28 00:58
Fraud, principal’s actions so as to increase his own share of the total benefit at the principal’s expense. As the choice of terminology indicates, fraud is a special case of a more general class of economic phenomena known as agency relationships. (For a more elaborate discussion and citations see Arrow, 1985.)作者: offense 時間: 2025-3-28 04:31 作者: Nonthreatening 時間: 2025-3-28 09:23 作者: connoisseur 時間: 2025-3-28 13:49
Implicit Contracts,ng a trading process, frequently over a long period of time, between two . economic units (say a worker and a firm, union and management, etc.) rather than the impersonal, and often instantaneous, market process in which wages decentralize and coordinate the actions of labour suppliers and labour demanders.作者: 鞠躬 時間: 2025-3-28 16:00 作者: 橢圓 時間: 2025-3-28 19:21
Pathways to Barrel Development,natural’ incentives of the participants. Incentive compatibility is the concept introduced by Hurwicz (1972, p. 320) to characterize those mechanisms for which participants in the process would not find it advantageous to violate the rules of the process.作者: 微塵 時間: 2025-3-29 01:51
Exchange,ntracts for trading private property unaffected by externalities. In such markets, voluntary exchange involves trading bundles of commodities or obligations to the mutual advantage of all parties to the transaction.作者: forestry 時間: 2025-3-29 05:33
Incentive Compatibility,natural’ incentives of the participants. Incentive compatibility is the concept introduced by Hurwicz (1972, p. 320) to characterize those mechanisms for which participants in the process would not find it advantageous to violate the rules of the process.作者: Endoscope 時間: 2025-3-29 08:41 作者: Enliven 時間: 2025-3-29 14:18
Landscape and landscape ecology,on all the relevant theory from classical mechanics and particle physics — theory which has evolved under rigorous laboratory tests. Traditionally, economists have not had an analogous body of tested behavioural principles that have survived controlled experimental tests, and which can be assumed to作者: 補充 時間: 2025-3-29 17:14
Application of landscape ecology,alization reflects an exogenous choice by ‘Nature’, and not an endogenous choice by agents. However, states of nature may not be observable either directly or indirectly, so that real contracts have to rely upon imperfect proxies. Take the overly simple fire insurance example. Arrow-Debreu contingen作者: 故意 時間: 2025-3-29 23:08 作者: Enervate 時間: 2025-3-30 00:36
Experimental Methods in Economics,on all the relevant theory from classical mechanics and particle physics — theory which has evolved under rigorous laboratory tests. Traditionally, economists have not had an analogous body of tested behavioural principles that have survived controlled experimental tests, and which can be assumed to作者: 迷住 時間: 2025-3-30 07:35 作者: 難聽的聲音 時間: 2025-3-30 08:55
Adverse Selection,only the sellers can observe the quality of each unit of the good they sell. Buyers can observe at most the . of the quality of the goods previously sold. Without some device for the buyers to identify good products, bad products will always be sold with the good products. Such a market illustrates the problem of ..作者: Hyperopia 時間: 2025-3-30 16:26
2946-9805 ject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.978-0-333-49539-1978-1-349-20215-7Series ISSN 2946-9805 Series E-ISSN 2946-9813 作者: 外露 時間: 2025-3-30 16:41
Janusz Reykowski,Jerzy Karylowskiment of modern microeconomic theory. The ends of economic action are seen to be the satisfaction of human wants through the provision of goods and services. These are supplied by production and exchange and limited by scarcity of resources and technology. In this context efficiency means going as fa作者: COST 時間: 2025-3-30 22:37 作者: LITHE 時間: 2025-3-31 02:55
https://doi.org/10.1007/978-1-4613-2645-8can be shown that, first, a competitive equilibrium allocation, or Walrasian allocation, is Pareto efficient (Pareto optimal); second, under somewhat different assumptions, any Pareto efficient allocation will be a competitive equilibrium allocation after some suitable redistribution of initial endo作者: Recessive 時間: 2025-3-31 05:26
https://doi.org/10.1007/978-1-4615-0549-5notes). The Romans made extensive use of auctions in commerce and the Roman emperors Caligula and Aurelius auctioned royal furniture and heirlooms to pay debts. Roman military expeditions were accompanied by traders who bid for the spoils of war auctioned . (under the spear) by soldiers. In AD 193 t作者: 者變 時間: 2025-3-31 12:49
https://doi.org/10.1007/978-1-4615-0549-5er the terms of trade enjoy enduring popularity. They also present simply several basic issues of price determination: the role of private information, the consequences of strategic behaviour and the effect of many traders. These issues have influenced the subject since the initial work of Vickrey (作者: 煩躁的女人 時間: 2025-3-31 16:08 作者: 碳水化合物 時間: 2025-3-31 20:20
Ashish K. Duttagupta,David L. Shellenbargertive systems characterized by different degrees of centralization of decision taking. A fully centralized system runs the risk of being inefficient because it does not create proper economic incentives and the centre is poorly informed. A pure market system with its high degree of decentralization r作者: Medicare 時間: 2025-4-1 00:04
Leo Peichl,Daniele Sandmann,Brian B. Boycottroduction and exchange activities are arranged. This implies that in the absence of transaction costs, alternative institutional or organizational arrangements would provide no basis for choice and hence could not be interpreted by economic theory. Not only would economic organization be randomly de作者: Mindfulness 時間: 2025-4-1 04:46 作者: Enliven 時間: 2025-4-1 07:49 作者: seruting 時間: 2025-4-1 11:29 作者: Folklore 時間: 2025-4-1 17:25
Application of landscape ecology,s behaviour. As an extreme but standard example, a fire insurance holder may burn the property in order to obtain the insured sums. Although the expression can be found in earlier literature, its extensive use in economics can be dated from Arrow’s . (1971), which had a decisive influence in popular作者: nullify 時間: 2025-4-1 19:34 作者: 涂掉 時間: 2025-4-2 01:18
Pathways to Barrel Development, the Pareto-efficient allocation of resources or the equitable resolution of disputes. In many situations it is relatively easy to conceive of feasible processes; processes which will accomplish the goals if all participants follow the rules and are capable of handling the informational requirements作者: LASH 時間: 2025-4-2 04:54 作者: 無彈性 時間: 2025-4-2 10:50
The Mbuliuli Principle: What is in a Name?te, two fundamental properties of a competitive equilibrium with complete markets may no longer be satisfied. First, stockholders may not agree on the optimal production plan for a firm. Secondly, even in a model of pure exchange, a competitive allocation may not be Pareto optimal even when we restr作者: 地名表 時間: 2025-4-2 14:49
Barbara Bompani,Maria Frahm-Arpve an equilibrium allocation of resources which is Pareto optimal. This characteristic of markets, which was loosely conjectured by Adam Smith, has received its clearest expression in the theorems of modern welfare economics. For our purposes, the first of these, named the First Fundamental Theorem
