By C. J. Hawkins (auth.)
By Pedro Garcia Duarte, Gilberto Tadeu Lima
So much macroeconomists agree that we are living within the age of microfoundations. the new world wide monetary main issue can have emboldened critics of this microfoundational orthodoxy, however it continues to be the dominant view that macroeconomic versions needs to transcend offer and insist features to the extent of person decision-making, bearing in mind the final dynamic atmosphere the place brokers reside. Microfoundations Reconsidered seeks to re-examine how the connection of micro and macroeconomics advanced over time.
The very hot individuals to the publication argue that the normal narrative of microfoundations could be unreliable. They for that reason think again the background of the connection of microeconomics and macroeconomics, ranging from their emergence as self-consciously precise fields inside of economics within the early Nineteen Thirties. They search to head past the normal heritage that's frequently instructed and written via training economists. From diversified views they problem the organization of microfoundations with Robert Lucas and rational expectancies and provide either a extra whole and a deeper analyzing of the connection among micro and macroeconomics.
Microfoundations Reconsidered is a worthy addition to the macroeconomic examine literature. it really is best to scholars, students, researchers, and practitioners with an curiosity in macro and microeconomics and the heritage of economics.
Contributors: M. De Vroey, P. Garcia Duarte, D.W. arms, K.D. Hoover, R. Leonard, G.T. Lima, P.E. Mirowski
By Douglas Gale
The idea of pageant has held a valuable position in financial research because the time of Adam Smith. This ebook, written through probably the most extraordinary of up to date fiscal theorists, studies on a big learn application to supply strategic foundations for the speculation of festival. using insights from video game concept, seek concept and bargaining concept, the writer develops a version to provide an explanation for what truly is going on in markets and the way a aggressive basic equilibrium is accomplished. crucial analyzing for graduate classes in online game conception and normal equilibrium.
By P. Groenewegen
This succinct evaluate of Marshall's lifestyles and paintings as an economist units his significant fiscal contributions in standpoint, by means of his schooling, his trip, his educating at Cambridge, Oxford and Bristol, his coverage perspectives as provided to govt inquiries and his political and social evaluations.
By Michel Grabisch
The ebook presents a radical remedy of set capabilities, video games and capacities in addition to integrals with recognize to capacities and video games, in a mathematical rigorous presentation and in view of program to selection making. After a brief bankruptcy introducing a few required uncomplicated wisdom (linear programming, polyhedra, ordered units) and notation, the 1st a part of the booklet includes 3 lengthy chapters constructing the mathematical points. This half isn't regarding a specific software box and, via its impartial mathematical kind, turns out to be useful to the widest viewers. It gathers many effects and notions that are scattered within the literature of varied domain names (game thought, determination, combinatorial optimization and operations research). the second one half involves 3 chapters, using the former notions in choice making and modelling: determination lower than uncertainty, determination with a number of standards, probability concept and Dempster-Shafer theory.
By Robert Gibbons, John Roberts
In even the main market-oriented economies, such a lot financial transactions happen now not in markets yet within controlled firms, really company organisations. Organizational economics seeks to appreciate the character and workings of such companies and their effect on financial functionality. This landmark ebook assembles the best figures in organizational economics to offer the 1st finished view of either the present nation of study during this fast-emerging box and the place it would be headed. The guide of Organizational Economics surveys the key theories, facts, and strategies utilized in the sector. It monitors the breadth of subject matters in organizational economics, together with the jobs of people and teams in enterprises, organizational constructions and procedures, the limits of the enterprise, contracts among and inside of enterprises, and extra. The defining publication at the topic, The guide of Organizational Economics is vital interpreting for researchers and scholars seeking to comprehend this rising box in economics. provides the 1st accomplished remedy of organizational economics; beneficial properties contributions by means of leaders within the box; Unifies and extends present literatures; Describes theoretical and empirical tools used today. Read more...
Complementarity in corporations / Erik Brynjolfsson and Paul Milgrom --
Economic theories of incentives in companies / Robert Gibbons and John Roberts --
Property rights / Ilya Segal and Michael D. Whinston --
Transaction fee economics / Steven Tadelis and Oliver E. Williamson --
Clinical papers in organizational economics / George P. Baker and Ricard Gil --
Experimental organizational economics / Colin F. Camerer and Roberto Weber --
Insider econometrics / Casey Ichniowski and Kathryn Shaw --
Employment as an fiscal and a social dating / James N. Baron and David M. Kreps --
Authority in agencies / Patrick Bolton and Mathias Dewatripont --
Decisions in companies / Robert Gibbons , Niko Matouschek, and John Roberts --
Leadership and company tradition / Benjamin E. Hermalin --
Personnel economics / Edward P. Lazear and Paul Oyer --
Theory and proof in inner exertions markets / Michael Waldman --
Technological innovation and businesses / Pierre Azoulay and Josh Lerner --
Hierarchies and the department of work / Luis Garicano and Timothy Van Zandt --
Internal capital markets / Robert Gertner and David Scharfstein --
What do managers do? / Robert Gibbons and Rebecca Henderson --
Corporate governance / Benjamin E. Hermalin --
Incentives in hierarchies / Dilip Mookherjee --
Strategy and organizaton / John Roberts and Garth Saloner --
Vertical integration and marketplace constitution / Timothy Bresnahan and Jonathan Levin --
Ownership and organizational shape / Henry Hansmann --
Contracts among felony people / Lewis A. Kornhauser and W. Bentley MacLeod --
Inter-firm contracts / Francine Lafontaine and Margaret E. Slade --
Relational incentive contracts / James M. Malcomson --
Hybrid modes of association / Claude Ménard --
Corruption / Abbhijit Banerjee, Rema Hanna, and Sendhil Mullainathan --
Delegations, regulate, and the research of public forms / Jerry M. Moe.
By A. Koutsoyiannis (auth.)
By Milton M. Shapiro
To discover additional information approximately Rowman and Littlefield titles, please stopover at www.rowmanlittlefield.com
By Vali S.
By F.A. Cowell
Starting with a dialogue of the elemental constitution of the economic climate and finishing with an exam of monetary functions, this e-book bargains thorough insurance of the elemental ideas that underlie typical sleek theoretical and utilized microeconomics. one of the themes lined are construction, the company, the patron, families and staff, aggregation, equilibrium, potency, uncertainty, incentives, and welfare. as well as algebraic and verbal presentation of effects, some of the easy rules are illustrated utilizing transparent diagrams and charts. all through, Cowell presents workouts with solutions to assist scholars comprehend and practice the analytic ideas offered within the publication.