| Description |
xi, 386 pages : illustrations ; 24 cm |
| Contents |
Introduction / Graciela Chichilnisky -- 1. Information and the organization of industry / Kenneth J. Arrow -- 2. Equilibrium in an economy with information goods / Vladimir I. Danilov, Gleb A. Koshevoy and Alexandr I. Sotskov -- 3. The formulation of uncertainty: Prices and states / Jacques H. Dreze -- 4. A remark on incomplete market equilibrium / Frank Hahn -- 5. Existence and optimality of a general equilibrium with endogenous uncertainty / Graciela Chichilnisky -- 6. Market equilibrium with endogenous price uncertainty and options / Peter H. Huang and Ho-Mou Wu -- 7. Catastrophe futures: Financial markets for unknown risks / Graciela Chichilnisky and Geoffrey Heal -- 8. Moral hazard and independent income in a modern intertemporal-equilibrium model of involuntary unemployment and mandatory retirement / Edmund S. Phelps -- 9. On the optimal schedule for introducing a new technology, when there is learning by doing / P. B. Linhart and Roy Radner |
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10. Price and market share dynamics in network industries / Geoffrey Heal -- 11. Exchange in a network of trading posts / Ross M. Starr and Maxwell B. Stinchcombe -- 12. Equilibrium market formation causes missing markets / Walter P. Heller -- 13. Toward a general theory of social overhead capital / Hirofumi Uzawa -- 14. On population externalities and the social rate of discount / David A. Starrett -- 15. Trade and Welfare / Tito Cordello, Enrico Minelli and Heracles Polemarchakis -- 16. History as a widespread externality in some Arrow-Debreu market games / Peter J. Hammond -- 17. Redistribution by a representative democracy and distributive justice under uncertainty / Peter Coughlin |
| Notes |
Includes index |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Arrow, Kenneth J. (Kenneth Joseph), 1921-2017.
|
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Economics.
|
| Genre/Form |
Festschriften.
|
| Author |
Arrow, Kenneth J. (Kenneth Joseph), 1921-2017.
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Chichilnisky, Graciela.
|
| LC no. |
97025548 |
| ISBN |
0521553555 |
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