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Palgrave Macmillan

Economics in a Changing World

Volume 2: Microeconomics

  • Book
  • © 1996

Overview

Editors:
  1. Beth Allen

    1. Department of Economics, University of Minnesota, Minneapolis, USA
      Federal Reserve Bank of Minneapolis, Minneapolis, USA

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Part of the book series: International Economic Association Series (IEA)

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-xxiv
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  2. Plenary Lecture

    1. Front Matter

      Pages 1-1
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    2. Profit Maximization and Imperfect Competition

      • Birgit Grodal
      Pages 3-22

  3. Rationality

    1. Front Matter

      Pages 23-23
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    2. Suppose Everybody Behaved Like That?

      • Ken Binmore
      Pages 25-62

    3. Aggregation, Learning and Rationality

      • Jean-Michel Grandmont, Alan Kirman
      Pages 63-89

    4. Evolution and Rationality: Some Recent Game-Theoretic Results

      • Abhijit Banerjee, Jörgen W. Weibull, Ken Binmore
      Pages 90-117

  4. Game Theory, General Equilibrium, and Information

    1. Front Matter

      Pages 119-119
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    2. Implementation in Iteratively Undominated Strategies

      • Dilip Abreu
      Pages 121-140

    3. Mechanism Design with Incomplete Information

      • Sanjay Srivastava
      Pages 141-164

    4. Issues and Results in General Equilibrium Theory

      • Beth Allen
      Pages 165-181

    5. The Determinacy of Equilibria 25 Years Later

      • Andreu Mas-Colell
      Pages 182-189

    6. On the Value of Information

      • Christos H. Papadimitriou
      Pages 190-203

    7. Theories of Optimal Capital Structure: A Managerial Discretion Perspective

      • Oliver Hart
      Pages 204-235

  5. Applications

    1. Front Matter

      Pages 237-237
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    2. Non-Hierarchical Aspects of the Internal Organization of the Enterprise: A Partial Survey in Comparative Perspective

      • Masahiko Aoki, John McMillan
      Pages 239-280

    3. Patents as an Incentive System

      • Suzanne Scotchmer
      Pages 281-296

    4. Empirical Studies of Product Markets

      • Alan Kirman, Louis Phlips
      Pages 297-330

    5. The Labour Supply of Lone Mothers in Denmark and the United Kingdom

      • Nina Smith, Ian Walker, Niels WestergÃ¥rd-Nielsen
      Pages 331-355

    6. Competition and Cooperation Among Producers: Cournot Revisited

      • Christian Schmidt
      Pages 356-385
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Keywords

About this book

This volume contains papers in the broadly defined area of microeconomic theory presented to the International Economic Association Tenth World Congress in Moscow. A wide range of topics is represented - from the foundations of economic choice through strategic behaviour, multiple market interactions, and asymmetric information to applications in such diverse areas as the internal organization of firms, patent policy, product markets, and labour supply, finishing with a piece on the history of oligopoly theory. The collection strongly suggests that microeconomic theory is indeed thriving as a fascinating and useful central part of economic science.

Editors and Affiliations

  • Department of Economics, University of Minnesota, Minneapolis, USA

    Beth Allen

  • Federal Reserve Bank of Minneapolis, Minneapolis, USA

    Beth Allen

Bibliographic Information

  • Book Title: Economics in a Changing World

  • Book Subtitle: Volume 2: Microeconomics

  • Editors: Beth Allen

  • Series Title: International Economic Association Series

  • DOI: https://doi.org/10.1007/978-1-349-25168-1

  • Publisher: Palgrave Macmillan London

  • eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)

  • Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 1996

  • Hardcover ISBN: 978-0-333-60124-2Published: 27 November 1996

  • eBook ISBN: 978-1-349-25168-1Published: 12 February 1997

  • Series ISSN: 2662-6330

  • Series E-ISSN: 2662-6349

  • Edition Number: 1

  • Number of Pages: XXIV, 385

  • Topics: Microeconomics

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