This discourse on the conference proceedings unveils Sir John Hicks's efforts to discuss capital/income family of concepts with their principal characteristics of inter-temporality. Papers on capital, profits, the concept of invariant capital stock and Kaleckian theory of investment are discussed.
Hadar, Josef, and William R. Russell (1969). “Rules for Ordering Uncertain Prospects.” American Economic Review 59, 25–34. Harrison, J. M., and David M. Kreps (1979). “Martingales and Arbitrage in Multiperiod Securities Markets.
Erling Eide, Paul H. Rubin, Joanna M. Shepherd. Foundations and TrendsR in Microeconomics Vol. 2, No 3 (2006) 205–279 c 2006 E. Eide, P. H. Rubin and J. M. Shepherd DOI: 10.1561/0700000014 Economics of Crime Erling Eide1, Paul H. Rubin2 ...
... h > V(2) ≥ u, the reserve price of u + h is better: With a reserve price of u, the high bidder gets the item and pays V(2), while this bidder pays u + h if that is the reserve price. 6. If u+h > V(1) ≥ V(2) ≥ u, the reserve price of ...
What I call the Shapley-Folkman-Starr Theorem first appears in the economic literature in Starr (1969). Starr credits Shapley and Folkman as the originators of part b and a weaker version of part c; ...
This book addresses the gaps in undergraduate teaching of partial equilibrium analysis, providing a general equilibrium viewpoint to illustrate the assumptions underlying partial equilibrium welfare analysis.
This book has an objective and a focus.
This book brings together a collection of letters from these two Noble laureates from the post-war years, containing new information about their personal and professional relationships, and also illuminating the development of ideas which ...
This book evolved from the authors' profound disagreement with that trend. It demonstrates not only how the new classical view got macroeconomics wrong, but how to go about doing macroeconomics the right way.
This fourth volume of The Foundations of Behavioral Economic Analysis covers behavioral game theory.
Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question.