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Information, Incentives And The Economics Of Control Book

Information, Incentives And The Economics Of Control
Information, Incentives And The Economics Of Control, This book examines methods for controlling or guiding a sector of the economy that do not require all the apparatus of economic planning or rely on the vain hope of sufficiently perfect competition, but instead rely entirely on the self-interest of econ, Information, Incentives And The Economics Of Control has a rating of 3.5 stars
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Information, Incentives And The Economics Of Control, This book examines methods for controlling or guiding a sector of the economy that do not require all the apparatus of economic planning or rely on the vain hope of sufficiently perfect competition, but instead rely entirely on the self-interest of econ, Information, Incentives And The Economics Of Control
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  • Information, Incentives And The Economics Of Control
  • Written by author G. C. Archibald
  • Published by Cambridge University Press, November 2005
  • This book examines methods for controlling or guiding a sector of the economy that do not require all the apparatus of economic planning or rely on the vain hope of sufficiently "perfect" competition, but instead rely entirely on the self-interest of econ
  • This book examines alternative methods for achieving optimality without all the apparatus of economic planning.
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Preface
Pt. IIntroductory1
1Two preliminary matters3
2Extended preferences7
Pt. IIIterative controls25
3Feed-back control processes27
4First example: an externality problem37
5Second application of the control process: Lerner's Problem55
6Third example of the control process: implementation of a Second-Best solution70
7Two examples of the control process in a mixed economy79
Pt. IIINon-convexities89
8Non-convexities in the technology91
9Non-convexity and optimal product choice95
Pt. IVCooperatives107
10Pareto-improvements and cooperatives109
11Achieving Pareto-efficiency in the LMF117
12Risk-sharing in Illyria (or the ELMF)130
Appendix: The taxation of economic rent149
Notes155
Bibliography163
Index170


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Information, Incentives And The Economics Of Control, This book examines methods for controlling or guiding a sector of the economy that do not require all the apparatus of economic planning or rely on the vain hope of sufficiently perfect competition, but instead rely entirely on the self-interest of econ, Information, Incentives And The Economics Of Control

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Information, Incentives And The Economics Of Control, This book examines methods for controlling or guiding a sector of the economy that do not require all the apparatus of economic planning or rely on the vain hope of sufficiently perfect competition, but instead rely entirely on the self-interest of econ, Information, Incentives And The Economics Of Control

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