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Current Trends in Economics : Theory and Applications - Ahm kan

Current Trends in Economics

Theory and Applications

By: Ahm kan (Editor), Charalambos D. Aliprantis (Editor), Nicholas C. Yannelis (Editor)

Hardcover Published: 18th February 1999
ISBN: 9783540653837
Number Of Pages: 546

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In 1990, the Society for the Advancement of Economic Theory (SAET) was founded with the main purpose to advance our knowledge in theoretical economics and to facilitate communication among researchers in economics, mathematics, game theory and any other field which is po­ tentially useful to economic theory. To achieve these goals, SAET sponsors the research journal Economic Theory published by Springer-Verlag and holds international conferences every other year. The first two conferences SAET took place in the island of Cephalonia, Greece, in the summers of of 1993 and 1995. In the summer of 1997, the conference was held in Antalya, Turkey. The twenty-nine papers in this volume are mostly by participants in the Antalya meeting of SAET and form a broad sample of the 150 papers pre­ sented there. Topics covered include cooperative and noncooperative games, social choice and welfare, bargaining, matchings, auctions, mechanism de­ sign, general equilibrium, general equilibrium with finance, industrial or­ ganization, macroeconomics, and experimental economics. We have chosen to present the papers according to the alphabetical order of first author names instead of grouping them by topic or theme. We have appended a complete listing of the sessions in the conference together with a list of program committee members and of sponsors at the end of the volume.

Foreword
Pseudo-supermodular games: theory and an applicationp. 1
A degree of manipulability of known social choice proceduresp. 13
On the properties of stable many-to-many matchings under responsive preferencesp. 29
Cost uncertainty, taxation, and irreversible investmentp. 41
The significance of the market portfolio: theory and evidencep. 73
Does money matter? A deterministic model with cash-in-advance constraints in factor marketsp. 107
Welcoming the middlemen: restricting competition in auctions by excluding the consumersp. 119
Acyclicity of fuzzy preferencesp. 133
On the connection between correlated equilibria and sunspot equilibriap. 141
Ex post individually rational trading mechanismsp. 157
Allocation among multi-member households: issues, cores, and equilibriap. 177
Valuation equilibrium revisitedp. 201
The equal-distance rule in allocation problems with single-peaked preferencesp. 215
The existence of the satisfactory pointp. 225
Optimal entry and the marginal contribution of a playerp. 233
On an Edgeworth characterization of rational expectations equilibria in atomless asset market economiesp. 255
A characterization of the equal income market equilibrium choice correspondence based on average envy freenessp. 265
Non-keynesian effects of fiscal contractions: theory and applications for Germanyp. 271
Incentives and risk sharing in a stock market equilibriump. 293
Mergers and acquisitions, bargaining, and synergy trapsp. 325
Protectionism versus non-protectionism under cost uncertainty in Cournot and Stackelberg marketsp. 347
The canonical extensive form of a game form: symmetriesp. 367
Bargaining in a changing environmentp. 389
An extension of the nonatomic assignment modelp. 405
Testing decision rules for multiattribute decision makingp. 413
Collusion and distribution of profits under differential informationp. 455
Predicting proposal configurations in cooperative games and exchange economiesp. 475
International financial equilibrium with risk sharing and private informationp. 491
Remark on extended price equilibriap. 519
Program of the III. International Conference of the Society for the Advancement of Economic Theoryp. 533
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9783540653837
ISBN-10: 354065383X
Series: Studies in Economic Theory
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 546
Published: 18th February 1999
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Country of Publication: DE
Dimensions (cm): 23.4 x 15.6  x 3.81
Weight (kg): 2.11