Theory of Implementation of Socially Optimal Decisions in Economics
by
L. Corchon
Book Details
Format
Hardback or Cased Book
ISBN-10
0333657942
ISBN-13
9780333657942
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 11th, 1996
Print length
165 Pages
Product Classification:
MacroeconomicsWelfare economicsWelfare economicsGame theory
Ksh 23,400.00
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Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest.
Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest. The task was to reconcile the Utopian and Hobbesian traditions, using game theory to find ways to organise the society that are both socially optimal and incentive compatible. This book provides a succinct and up-to-date account of this vast literature and will be welcomed by students, lecturers and anyone wishing to update their knowledge of the field.
Get Theory of Implementation of Socially Optimal Decisions in Economics by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Palgrave Macmillan and it has pages.
