书目名称 | Information and Efficiency in Economic Decision |
编辑 | Jati K. Sengupta |
视频video | |
丛书名称 | Advanced Studies in Theoretical and Applied Econometrics |
图书封面 |  |
描述 | Use of information is basic to economic theory in two ways. As a basis for optimization, it is central to all normative hypotheses used in eco nomics, but in decision-making situations it has stochastic and evolution ary aspects that are more dynamic and hence more fundamental. This book provides an illustrative survey of the use of information in econom ics and other decision sciences. Since this area is one of the most active fields of research in modern times, it is not possible to be definitive on all aspects of the issues involved. However questions that appear to be most important in this author‘s view are emphasized in many cases, without drawing any definite conclusions. It is hoped that these questions would provoke new interest for those beginning researchers in the field who are currently most active. Various classifications of information structures and their relevance for optimal decision-making in a stochastic environment are analyzed in some detail. Specifically the following areas are illustrated in its analytic aspects: 1. Stochastic optimization in linear economic models, 2. Stochastic models in dynamic economics with problems of time-inc- sistency, causality a |
出版日期 | Book 1985 |
关键词 | Stochastic Optimization; Stochastic model; Stochastic models; game theory; linear optimization; optimizat |
版次 | 1 |
doi | https://doi.org/10.1007/978-94-009-5053-5 |
isbn_softcover | 978-94-010-8737-7 |
isbn_ebook | 978-94-009-5053-5Series ISSN 1570-5811 Series E-ISSN 2214-7977 |
issn_series | 1570-5811 |
copyright | Martinus Nijhoff Publishers, Dordrecht 1985 |