Organization with Incomplete Information - Essays in Economic Analysis: A Tribute to Roy Radner (Hardcover, New)

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.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	September 1998
First published:	1998
Editors:	Mukul Majumdar
Dimensions:	236 x 159 x 25mm (L x W x T)
Format:	Hardcover
Pages:	358
Edition:	New
ISBN-13:	978-0-521-55300-1
Categories:	Books > Business & Economics > Economics > Microeconomics > General Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
LSN:	0-521-55300-8
Barcode:	9780521553001

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