Economic theory and philosophy

This volume contains a refereed selection of revised papers which were originally presented at the Second International Conference on Econometric Decision Models, University of Hagen (FernUni- versitat).

1.

The problem to be considered here is the one faced by bargainers who must reach a consensus--i.

Jay Forrester's Economic Dynamics was published in 1971 and The Limits to Growth by Dennis Meadows and his associates appeared a year later.

One of the driving forces behind much of modern science andtechnology is the desire to foresee and thereby control thefuture.

In many fields of science and practice large amounts of dataand informationare collected for analyzing and visualizinglatent structures as orderings or classifications forexample.

The approach presented in this book combines two aspects of generalizations of the noncooperative game as developed by Nash.

These Notes grew from my research in evolutionary biology, specifically on the theory of evolutionarily stable strategies (ESS theory), over the past ten years.

A bibliography on stochastic orderings.

In this monograph, noncooperative games are studied.

This volume contains selected papers presented at the "e;International Workshop on Computationally Intensive Methods in Simulation and Op- th th timization"e; held from 23 to 25 August 1990 at the International Institute for Applied Systems Analysis (nASA) in La~enburg, Austria.

This book contains a collection of the most significant contributions to some of R.

This book contains 30 selected, refereed papers from an in-ternational conference on bootstrapping and related techni-ques held in Trier 1990.

A new procedure for the maximum-likelihood estimation of dynamic econometric models with errors in both endogenous and exogenous variables is presented in this monograph.

The articles collected in this volume have two features incommon: they wantto integrate economics, demography andgeography, and they want to overcome the stationary approachin modelling in favour of a dynamic one.

1.

Think of the following situation: A project yielding a gross profit of 100 is offered to two firms.

A number of different problems of interest to the operational researcher and the mathematical economist - for example, certain problems of optimization on graphs and networks, of machine-scheduling, of convex analysis and of approx- imation theory - can be formulated in a convenient way using the algebraic structure (R,$,@) where we may think of R as the (extended) real-number system with the binary combining operations x$y, x(R)y defined to be max(x,y),(x+y) respectively.

Over two centuries of theory and practical experience have taught us that election and decision procedures do not behave as expected.

Planning in a general sense is concerned with the design of communication and decision making mechanisms in organizations where information and choice are decentralized.

Economic behavior is explored from a psychological perspective by both, prominent economic psychologists with a long tradition in studying economic problems as well as economists who are open and interested in the psychological aspects of economic behavior.

The purpose of this study is in keeping with the shift in concern over the eco- nomic problems of growth to those of income distribution in recent years.

This report portrays the results of experimental research on dynamic duopoly markets with demand inertia.

This monograph is a treatise on adjustment processes.

Matroid theory has its origin in a paper by H.

The three major aims of the present study were to (a) test some of the major game-theoretic solutions for n-person games in characteristic function form with data obtained from "e;rational"e; players; (b) locate, assess, and explain differences between sophisticated and naive subjects in coalition frequencies and payoff disbursements; and (c) provide a common data base for bargaining process analyses and testing of both present and future models.

This mono graph is intended for an advanced undergraduate or graduate course as weIl as for the researchers who want a compilation of developments in this rapidly growing field of operations research.

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The essays in this volume were presented to Professor Isamu Yamada in honor of his seventy-third birthday.

This work was written during my visits at CORE (Belgium), at the Faculty of Economics and Politics in Cambridge (England), and at the Department of Mathematics at the ETH in ZUrich.

This book develops a general solution concept for strategic games which resolves strategic uncertainty completely.

In each chapter of this volume some specific topics in the econometric analysis of time series data are studied.

This is a revised version of a doctoral thesis, submitted in mimeographed fonn to the Faculty of Arts, Uppsala University, 1988.

Economic theory of the last fifty years has been dominated by the paradigm of General Equilibrium Theory, based on the scientific work of Walras-Pareto-Cassel-Wald-Hicks-Arrow-De- breu-McKenzie.

The proceedings of the Second US-Italy Seminar on Variable Structure Systems is published in this volume.

Inventory changes constitute in all countries a small fraction of the Gross National Product but also a major source or an indicator of cyclical fluctuations.

Generalizations of the classical concept of a convexfunction have been proposed in various fields such aseconomics, management science, engineering, statistics andapplied sciences during the second half of this century.

International commodity markets have traditionally attracted the attention of economists, econometricians, and policy makers especially in and following politically tumultuous times.

A real imports of capital and intermediate goods declinedsharply for highlyindebted countries in the 1980s, theseeconomies were faced with the need tosubstitute previouslyimported factors of production with domestic capital andlabor.

This monograph is intended for an advanced undergraduate or graduate course as well as for researchers, who want a compilation of developments in this rapidly growing field of operations research.