The Economics of Information, Svazek 4

Přední strana obálky
Harvard University Press, 1984 - Počet stran: 284

Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.

This volume begins with Arrow's papers on statistical decision theory, which served as a foundation for his work on the economics of information. As he writes in his preface, "Statistical method was an example for the acquisition of information. In a world of uncertainty, it was no great leap to realize that information is valuable in an economic sense." The later, applied papers, which operationalize the theory of the early ones, include essays on the demand for information, the economic value of screening devices, and the effect of incomplete information on the structure of organizations, futures markets, and insurance.

 

Co říkají ostatní - Napsat recenzi

Na obvyklých místech jsme nenalezli žádné recenze.

Obsah

Bayes and Minimax Solutions of Sequential Decision Problems
1
Admissible Points of Convex Sets
38
Statistics and Economic Policy
43
Decision Theory and Operations Research
55
Decision Theory and the Choice of a Level of Significance for the tTest
66
Insurance Risk and Resource Allocation
77
Statistical Requirements for Greek Economic Planning
87
Further Comment
103
Information and Economic Behavior
136
Limited Knowledge and Economic Analysis
153
On the Agenda of Organizations
167
Vertical Integration and Communication
185
Some Recent Theoretical Developments
197
The Property Rights Doctrine and Demand Revelation under Incomplete Information
216
Allocation of Resources in Large Teams
233
On Partitioning a Sample with BinaryType Questions in Lieu of Collecting Observations
262

The Value of and Demand for Information
106
Higher Education as a Filter
115

Běžně se vyskytující výrazy a sousloví

O autorovi (1984)

A past president of the American Economic Association, Kenneth J. Arrow was awarded the Nobel Memorial Prize in Economic Science in 1972.

Bibliografické údaje