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Uncertain Decisions
Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on decision theory - in particular the more recent contributions on non-expected utility theory, fuzzy decision theory and case-based theory. This work also provides theoretical insights on measures of risk aversion and on new problems for general equilibrium analysis. It analyzes how the thinking that underlies the theories described above spills over into real decisions, and how the thinking that underlies these real decisions can explain the discrepancies between theoretical approaches and actual behavior. This work elaborates on how the most recent laboratory experiments have become an important source both for evaluating the leading theory of choice and decision, and for contributing to the formation of new models regarding the subject.
The Collected Papers of Leonid Hurwicz
"Funded in part by The Heller-Hurwicz Economics Institute, University of Minnesota"--Title page.
Coordination Theory and Collaboration Technology
The National Science Foundation funded the first Coordination Theory and Collaboration Technology initiative to look at systems that support collaborations in business and elsewhere. This book explores the global revolution in human interconnectedness. It will discuss the various collaborative workgroups and their use in technology. The initiative focuses on processes of coordination and cooperation among autonomous units in human systems, in computer and communication systems, and in hybrid organizations of both systems. This initiative is motivated by three scientific issues which have been the focus of separate research efforts, but which may benefit from collaborative research. The first...
Essays in Economics
This fourth volume in the series of Nobel laureate James Tobin's classic papers represents his work since 1980. This fourth volume in the series of Nobel laureate James Tobin's classic papers represents his work since 1980. Both national and international views are intermingled among the 36 chapters on macroeconomics and fiscal policy, savings, stabilization policy, international coordination of macroeconomic policy, monetary policy, and exchange rates. Several tributes to colleagues--including Walter Heller and Seymour Harris--round out the collection.
Social Design
This book contains invited essays in memory of Leonid Hurwicz spanning a large area of economic, social and other sciences where the implementation or enforcement of institutions and rules requires the design of effective mechanisms. The foundations of these articles are set by social choice concepts; game theory; Nash, Bayesian and Walrasian equilibria; complete and incomplete information. Besides in-depth treatments of well-established parts of mechanism and implementation theory, contributions on novel directions deal, for instance, with a quantum approach to game and decision making under uncertainty; digitalization; and the design of block chain for trading. The outstanding competence and reputation of the authors reflect the appreciation of the fundamental contributions and the lasting admiration of the personality and the work of Leonid Hurwicz.
Economics in Russia
The history of Russian economic ideas from the sixteenth century to contemporary times is a fascinating, tumultuous yet neglected topic among Western scholars. Whilst over the last 15 years increasing amounts of work has been done on the subject, co-operation between Russian and Western researchers in this field leaves much to be desired. In order to improve this situation, this volume unites Russian and non-Russian researchers together to provide an overview of the current state of the topic and to give a stimulus for further research. Bringing together scholars from the UK, Germany, Japan, Australia, Finland and Russia, the collection puts forward differing, yet complimentary, perspectives...
Contemporary Scientific Realism
Scientific realists claim we can justifiably believe that science is getting at the truth. However, they have faced historical challenges: various episodes across history appear to demonstrate that even strongly supported scientific theories can be overturned and left behind. In response, realists have developed new positions and arguments. As a result of specific challenges from the history of science, and realist responses, we find ourselves with an ever-increasing dataset bearing on the (possible) relationship between science and truth. The present volume introduces new historical cases impacting the debate and advances the discussion of cases that have only very recently been introduced....
Structure and Change in the Space Economy
Analysis of the space economy demands a keen curiosity supported by a rigorous methodology and a strong sense of the problems at hand. However, the blend of these two capabilities is more unusual than one would be inclined to believe. Professor Martin Beckmann is one of those exceptional scholars whose original theoretical insights and elegant contributions have been crucial to our understanding of the complex mechanism of the space economy. Drawing on the basic social science theory, he has developed a significant body of knowledge which represents fundamental contributions to the fields of location theory, transportation economics, mathematical economics and organizational theory. For over...
Project Cost Overrun
This book offers a new way of thinking about the causes and consequences of cost overrun to firms and society. It is ideal for academic researchers in project management, management accounting and corporate finance, as well as for managers in the private and public sectors.
Some Economic Aspects of Business Organization
This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.
