Organization with Incomplete Information

Book Name : Organization with Incomplete Information_x000D_
Essays in Economic Analysis: A Tribute to Roy Radner

By by Mukul Majumdar

Sub Title : Essays in Economic Analysis: A Tribute to Roy Radner

Written by : by Mukul Majumdar

Subject Category : Economics

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There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty. Cambridge University Press; September 1998 ISBN 9780511821127 Read online, or download in secure PDF format Title: Organization with Incomplete Information Author: Mukul Majumdar (ed.) Imprint: Cambridge University Press Subject categories Economics > Industries. Land use. Labor > Large industry. Factory system. Big business > Cooperation. Cooperative societies Business > Decision-Making & Problem Solving Business > Economic History Economics > Industries. Land use. Labor > Industry Business > Economics > Macroeconomics Economics > Industries. Land use. Labor > Management. Industrial management Business > Risk Management Business > Economics > Theory ISBNs 0511821123 9780521553001 9780511821127

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Economics - Industries. Land use. Labor - Large industry. Factory system. Big business - Cooperation. Cooperative societies Business - Decision-Making & Problem Solving Business - Economic History Economics - Industries. Land use. Labor - Industry Business - Economics - Macroeconomics Economics - Industries. Land use. Labor - Management. Industrial management Business - Risk Management Business - Economics - Theory

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0511821123 - 9780521553001 - 9780511821127

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Cambridge University Press