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Books > Business & Economics > Economics > Economic theory & philosophy

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The Theory of Implementation of Socially Optimal Decisions in Economics (Hardcover) Loot Price: R4,557

Discovery Miles 45 570

Repayment Terms: R427 pm x 12*

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The Theory of Implementation of Socially Optimal Decisions in Economics (Hardcover): L. Corchon

The Theory of Implementation of Socially Optimal Decisions in Economics (Hardcover)

L. Corchon

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Loot Price R4,557 Discovery Miles 45 570 | Repayment Terms: R427 pm x 12*

Expected to ship within 10 - 15 working days

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Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest. The task was to reconcile the Utopian and Hobbesian traditions, using game theory to find ways to organise the society that are both socially optimal and incentive compatible. This book provides a succinct and up-to-date account of this vast literature and will be welcomed by students, lecturers and anyone wishing to update their knowledge of the field.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	October 1996
First published:	1996
Authors:	L. Corchon
Dimensions:	216 x 140 x 19mm (L x W x T)
Format:	Hardcover
Pages:	165
ISBN-13:	978-0-333-65794-2
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Promotions
LSN:	0-333-65794-2
Barcode:	9780333657942