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Titlebook: Essays in Dynamic General Equilibrium Theory; Festschrift for Davi Alessandro Citanna,John Donaldson,Stephan E. Spear Book 2005 Springer-Ve

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发表于 2025-3-21 17:24:06 | 显示全部楼层 |阅读模式
书目名称Essays in Dynamic General Equilibrium Theory
副标题Festschrift for Davi
编辑Alessandro Citanna,John Donaldson,Stephan E. Spear
视频video
概述Includes supplementary material:
丛书名称Studies in Economic Theory
图书封面Titlebook: Essays in Dynamic General Equilibrium Theory; Festschrift for Davi Alessandro Citanna,John Donaldson,Stephan E. Spear Book 2005 Springer-Ve
描述.In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass‘s students and co-authors..
出版日期Book 2005
关键词Dynamic Economics; General Equilibrium Theory; Incomplete Markets; Sunspot Equilibrium; calculus
版次1
doihttps://doi.org/10.1007/b138734
isbn_softcover978-3-642-42417-5
isbn_ebook978-3-540-27192-5Series ISSN 1431-8849 Series E-ISSN 2196-9930
issn_series 1431-8849
copyrightSpringer-Verlag Berlin Heidelberg 2005
The information of publication is updating

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发表于 2025-3-21 20:50:22 | 显示全部楼层
On Price-Taking Behavior in Asymmetric Information Economies, revealing market equilibria are not incentive compatible for an economy with few privately informed producers because of the producers’ informational size, but that replicating the economy decreases agents’ informational size. For sufficiently large economies, there exists an incentive compatible fully revealing market equilibrium.
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Classification of myelodysplastic syndromes,ependence among the agents. Next, we show how the presence of extrinsic uncertainty in a dynamic economy may lead to a ruin in a sunspot equilibrium. Finally, we analyze the link between survival and specialization in production.
发表于 2025-3-22 09:09:35 | 显示全部楼层
Survival, Uncertainty, and Equilibrium Theory: An Exposition,ependence among the agents. Next, we show how the presence of extrinsic uncertainty in a dynamic economy may lead to a ruin in a sunspot equilibrium. Finally, we analyze the link between survival and specialization in production.
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https://doi.org/10.1057/9781403920157st. It can do so provided it has positive unit-of-account endowments. A more general outside agent that has a positive endowment of some good and positive unit-of-account endowments can select the time path of the price level.
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https://doi.org/10.1007/978-3-319-03056-2profits and the valuation of future profits induces the firm to increase production beyond the competitive benchmark and cut prices. This policy may result in destroying shareholder value, and does indeed fully wipe out the firm’s profit in the limit of the decision-making interval shrinking to zero, in line with the Coase conjecture.
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