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Equilibrium, Expectations, And Information

This book attempts to elucidate the views of Keynes's General Theory as far as equilibrium, expectations and information are concerned, and;

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Equilibrium Models in Economics

The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced;

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Organization with Incomplete Information

information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins;

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Coordination and Signaling

there exists a unique symmetric equilibrium, in contrast with the results obtained under complete information. I then add a costly policy choice;

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Organization with Incomplete Information

information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins;

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Essays on Rational Expectations and Flexible Exchange Rates

paths of prices and quantities. It develops a class of stochastic equilibrium models of the open economy operating under flexible exchange rates;

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Essays on Rational Expectations and Flexible Exchange Rates

paths of prices and quantities. It develops a class of stochastic equilibrium models of the open economy operating under flexible exchange rates;

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Expectations, Rationality and Economic Performance

topics discussed include expectations in general equilibrium theory, probabilities and expected utility, heterogeneity of economic agents;

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Expectations, Rationality and Economic Performance

topics discussed include expectations in general equilibrium theory, probabilities and expected utility, heterogeneity of economic agents;

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The Informational Role of Prices

information in securities markets.Grossman elaborates a new model of economic equilibrium that casts a dual role for prices both as;

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Information, Finance and General Equilibrium Collected Papers on the Experimental Foundations of Economics and Political Science, Volume III

Information, Finance and General Equilibrium brings together the seminal papers on which Charles R. Plott has founded our understanding;

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Equilibrium Unemployment Theory

An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are;

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The Game of Meet or Beat Expectations

' decisions are based on information disclosed by managers and analysts. Analysts are an important resource of information in financial market because;

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Essays on the Historicity of Capital

framework, from the stability of the macroeconomic equilibrium and the Marshallian market equilibrium to the convergence towards the steady state.;

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Price Expectations in Goods and Financial Markets

how agents collect and process information and how market opinion is formed. Concerning the second aspect, the book presents studies based on;

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Differential Information Economies

cooperative equilibrium notions in economies with differential information and provides answers to the above questions. Moreover, issues of stability;

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Interest-Rate Rules in a New Keynesian Framework with Investment

variables included, based on two criteria: determinacy of rational-expectations equilibrium and convergence to steady state after a shock. The study;

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Quantal Response Equilibrium

Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and;

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Out-of-Equilibrium (Supra)molecular Systems and Materials

Out-of-Equilibrium (Supra)molecular Systems and Materials A must-have resource that covers everything from out-of-equilibrium chemical;

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Game Theory for Applied Economics

of equilibrium: static games of complete information and Nash equilibrium, dynamic games of complete information and subgame-perfect Nash equilibrium;

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Beyond Walras, Keynes, and Marx

)equilibrium model which incorporates such fundamental concepts as time, money, class, reproducibility, equilibrium and fairness. Then it exhorts a new;

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Exchange Rate Economies

fundamentals and exchange rate forecasting; equilibrium exchange rate; expectations formation news and risk; and the economics of fixed exchange rates;

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A Theory of Employment in Firms

In a modern economy, production and competition require internal interaction of individuals in firms. The book provides a systematic;

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Economic Concepts for the Social Sciences

understandable and relevant. Topics covered include game theory, the new institutional economics, market failures, asymmetric information, endogenous;

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Economic Concepts for the Social Sciences

understandable and relevant. Topics covered include game theory, the new institutional economics, market failures, asymmetric information, endogenous;

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Exercises in Dynamic Macroeconomic Theory

in macroeconomics and monetary economics. An equilibrium model provides a mapping from parameters of preferences, technologies, endowments, and rules;

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International Symposia in Economic Theory and Econometrics

incomplete markets, increasing returns, and information, Part 3 on equilibrium and dynamices, Part 4 on employment, imperfect competition, and;

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