Institutions, Equilibria and Efficiency Essays in Honor of Birgit Grodal /
Competition and efficiency is at the core of economic theory. This volume collects papers of leading scholars, which extend the conventional general equilibrium model in important ways: Efficiency and price regulation are studied when markets are incomplete and existence of equilibria in such settin...
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| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg :
Springer Berlin Heidelberg,
2006.
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| Series: | Studies in Economic Theory,
25 |
| Subjects: | |
| Online Access: | Full Text via HEAL-Link |
Table of Contents:
- Birgit Grodal: A Friend to Her Friends
- On the Definition of Differentiated Products in the Real World
- Equilibrium Pricing of Derivative Securities in Dynamically Incomplete Markets
- Adaptive Contracting: The Trial-and-Error Approach to Outsourcing
- Monetary Equilibria over an Infinite Horizon
- Do the Wealthy Risk More Money? An Experimental Comparison
- Are Incomplete Markets Able to Achieve Minimal Efficiency?
- A Competitive Model of Economic Geography
- The Organization of Production, Consumption and Learning
- Household Inefficiency and Equilibrium Efficiency
- Equilibrium with Arbitrary Market Structure
- Pareto Improving Price Regulation when the Asset Market is Incomplete
- On Behavioral Heterogeneity
- Learning of Steady States in Nonlinear Models when Shocks Follow a Markov Chain
- The Evolution of Conventions under Incomplete Information
- Group Formation with Heterogeneous Feasible Sets
- Monotone Risk Aversion
- Will Democracy Engender Equality?
- Consumption Externalities, Rental Markets and Purchase Clubs
- Core-Equivalence for the Nash Bargaining Solution.
