Titlebook: Macroeconomic Policy Games; Arno Riedl,Georg Winckler,Andreas Wörgötter Conference proceedings 1995 Springer-Verlag Berlin Heidelberg 1995

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Studies in Empirical Economicshttp://image.papertrans.cn/m/image/620999.jpg

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,How Can Decentralized Non-Cooperative Stabilization Policies Be Efficient? — A Differential Game Apult to achieve, given the mechanisms of negotiations between several policy-making institutions. A solution to this “trade-off” would be a mechanism inducing individual behaviour that ensures efficient (Pareto-optimal) outcomes equivalent to those achieved by cooperation, but without the need of explicit agreements.

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Conference proceedings 1995ential effects on efficiency and welfare if agents act in a strategic way. The method of non-cooperative game theory leads in general to results which differ from that derived in using "traditional" economic theory..

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,Social Partnership and Exchange Rate Policy. — A Gametheoretic Approach, hoped that they would not increase due to some form of solidarity among entrepreneurs or workers within a country [Frisch, 1976], or due to price and wage controls by the state or by the social partners, or due to sufficiently important substitution effects between the sectors.

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,Evolving Strategies — Gaming in Economics,p of the author, which makes for the success and the continuing acuteness of Wieners agenda, it is also caused by the upsurge of computer technology, the central tool of the new science, in the last 40 years. Wieners analytical framework still proofs to be extremely useful in discussing applications of new information technology.