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Economic Dynamics and Information

This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the correspon...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Zajac, Jaroslav (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2006.
Edición:1st ed. 2006.
Colección:Lecture Notes in Economics and Mathematical Systems, 576
Temas:
Acceso en línea:Texto Completo
Tabla de Contenidos:
  • Rational Expectations of Efficiency and Incentive Schemes
  • Dynamic Adjustment Processes and the Effect of the Economic System
  • Optimal Incentive Schemes with a Measure Space and Decision
  • Dynamics and Information
  • Life Cycle and Risk-Sharing of Information Under Restriction
  • Risk Choices, Heterogeneous Beliefs and Prediction Strategies in Allocation
  • Design, Knowledge and Stabilization of Economy
  • Decision Process, Assets and Information
  • Endowments, Money, Debt and Risky Choice of Decision
  • Market Mechanisms, Portfolios and Uncertainty of Decisions
  • Stability of Markets, Uncertainty, and Strategic Behavior
  • Market Making, Information, Beliefs, and Chaos
  • Volatility, Information, and Return Distribution
  • Shocks, Uncertainty, and Preferences Over Information
  • Externalities, Market Information and Contracts
  • Cycles, Chaos, Stabilization and Technological Innovation
  • Information Cascades, Expectations, and Risky Choices
  • Conclusion.