Organization with Incomplete Information by Mukul Majumdar
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Organization with Incomplete Information
By Mukul Majumdar

Organization with Incomplete Information

Essays in Economic Analysis: A Tribute to Roy Radner

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Format: Hardback

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Organization with Incomplete Information by Mukul Majumdar

Book Description

There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.

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Book Details

ISBN: 9780521553001
ISBN-10: 0521553008
Format: Hardback
(228mm x 152mm x 24mm)
Pages: 358
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Sep-1998
Country of Publication: United Kingdom

Other Editions...


Books By Author Mukul Majumdar

Equilibrium, Welfare and Uncertainty: Beyond Arrow-Debreu by Mukul Majumdar Equilibrium, Welfare and Uncertainty: Beyond Arrow-Debreu, Paperback (November 2013)

Mukul Majumdar explores general equilibrium theory as part of economic theory and looks at topics such as Pareto optimality, Cournot-Nash equilibrium, concepts of uncertainty and mechanism design.

Organization with Incomplete Information by Mukul Majumdar Organization with Incomplete Information, Paperback (October 2008)

This collection provides a definitive and accessible account of recent research in the theory of decision-making and organization-design with incomplete information.

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Surveys topics in the theory and applications of dynamical systems subject to random shocks.

» View all books by Mukul Majumdar

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Equilibrium, Welfare and Uncertainty: Beyond Arrow-Debreu by Mukul Majumdar
Organization with Incomplete Information by Mukul Majumdar
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