Decentralization In Infinite Horizon Economies
Autor Mukul Majumdaren Limba Engleză Hardback – 28 apr 2020
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Specificații
ISBN-13: 9780367015947
ISBN-10: 0367015943
Pagini: 204
Dimensiuni: 146 x 229 mm
Greutate: 0.54 kg
Ediția:1
Editura: CRC Press
Colecția CRC Press
ISBN-10: 0367015943
Pagini: 204
Dimensiuni: 146 x 229 mm
Greutate: 0.54 kg
Ediția:1
Editura: CRC Press
Colecția CRC Press
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Cuprins
Decentralization in Infinite Horizon Economies: An Introduction; Optimal Intertemporal Allocation Mechanisms and Decentralization of Decisions; On Characterizing Optimal Competitive Programs in Terms of Decentralizable Conditions; Characterization of Intertemporal Optimality in Terms of Decentralizable Conditions: The Discounted Case; On Characterizing Optimality of Stochastic Competitive Processes; A Characterization of Infinite Horizon Optimality in Terms of Finite Horizon Optimality and a Critical Stock Condition; A Necessary Condition for Decentralization and an Application to Intertemporal Allocation; Decentralized Evolutionary Mechanisms for Intertemporal Economies: A Possibility Result; Complements and Details
Descriere
This book summarizes some issues involved in developing a theory of decentralized resource allocation mechanism in infinite horizon economies. It constitutes a definitive account of cutting-edge research on a topic of continuing importance in price theory. .