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Decentralization in infinite horizon economies için kapak resmi
Başlık:
Decentralization in infinite horizon economies
Yazar:
Majumdar, Mukul, 1944- editor.
ISBN:
9789814699624
Fiziksel Tanımlama:
xxi, 193 pages ; 24 cm
Genel Not:
Reprint. Originally published by Westview Press in 1992.
İçerik:
Decentralization in Infinite Horizon Economies: An Introduction (Mukul Majumdar); Optimal Intertemporal Allocation Mechanisms and Decentralization of Decisions (Leonid Hurwicz and Mukul Majumdar); On Characterizing Optimal Competitive Programs in Terms of Decentralizable Conditions (Wiliam A Brock and Mukul Majumdar); Characterization of Intertemporal Optimality in Terms of Decentralizable Conditions: The Discounted Case (Swapan Dasgupta and Tapan Mitra); On Characterizing Optimality of Stochastic Competitive Processes (Yaw Nyarko); A Characterization of Infinite Horizon Optimality in Terms of Finite Horizon Optimality and a Critical Stock Condition (Tapan Mitra and Debraj Eay); A Necessary Condition for Decentralization and an Application to Intertemporal Allocation (Leonid Hurwicz and Hans F Weinberger); Decentralized Evolutionary Mechanisms for Intertemporal Economies: A Possibility Result (Venkatesh Bala, Mukul Majumdar and Tapan Mitra); Complements and Details (Mukul Majumdar); About the Book and Editor; List of Contributors.
Özet:
Decentralization in Infinite Horizon Economies brings together a collection of essays that attempt to explore one of the basic themes in microeconomics - can a decentralized economy attain an efficient or optimal allocation of resources when it is allowed to evolve without a predetermined terminal date?
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