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Markets, information, and uncertainty : essays in economic theory in honor of Kenneth J. Arrow

Author: Graciela Chichilnisky; Kenneth Joseph Arrow
Publisher: Cambridge [u.a.] : Cambridge Univ. Press, 1999.
Edition/Format:   Print book : Conference publication : English : 1. publView all editions and formats
Summary:

Leading theorists offer insights on the role of uncertainty and information in the market.

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Genre/Form: Aufsatzsammlung
Kongress
Named Person: Kenneth J Arrow; Kenneth J Arrow; Kenneth Joseph Arrow; Kenneth Joseph Arrow
Material Type: Conference publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Graciela Chichilnisky; Kenneth Joseph Arrow
ISBN: 0521553555 9780521553551
OCLC Number: 231776724
Description: XI, 386 S. : ill., graph. Darst
Contents: 1. Introduction Graciela Chichilnisky; 2. Information and the organization of industry Kenneth J. Arrow; 3. Existence and optimality of a general equilibrium with endogenous uncertainty Graciela Chichilnisky; 4. Catastrophe futures: financial markets and changing climate risks Graciela Chichilnisky and Geoffrey Heal; 5. Trade and welfare Tito Cordella, Enrico Minelli, and Heracles Polemarchakis; 6. Redistribution a representative democracy and distributive justice Peter Coughlin; 7. The formulation of uncertainty: prices and states Jacques H. Dreze; 8. A remark on incomplete market equilibrium Frank Hahn; 9. History as a widespread externality in some Arrow-Debreu market games Peter J. Hammond; 10. Price and market share dynamics in network industry Geoffrey Heal; 11. Equilibrium market formation causes missing markets Walter P. Heller; 12. Market equilibrium with endogenous price uncertainty and options Peter H. Huang and Ho-Mou Wu; 13. Equilibrium in an economy with information goods Vladimir I. Danilov, Gleb A. Koshevoy and Alexandr I. Sotskov; 14. On the optimal schedule for introducing a new technology, when there is learning-by-doing P. B. Linhart and R. Radner; 15. Moral hazard and independent income in a modern intertemporal-equilibrium model of involuntary unemployment and mandatory retirement Edmund S. Phelps; 16. Exchange in a network of trading posts Ross M. Starr and Maxwell B. Stinchcombe; 17. On population externalities and the social rate of discount David A. Starrett; 18. Towards a general theory of social overhead capital Hirofumi Uzawa.
Responsibility: ed. by Graciela Chichilnisky.
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