Allocation, Information and Markets by John Eatwell, Murray Milgate, Peter Newman (eds.)

By John Eatwell, Murray Milgate, Peter Newman (eds.)

This is an extract from the 4-volume dictionary of economics, a reference publication which goals to outline the topic of economics this day. 1300 topic entries within the entire paintings hide the huge topics of financial concept. This quantity concentrates with regards to allocation details and markets.

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Presented at the Conference Seminar in Decentralization, Northwestern University. In Studies in Resource Allocation Processes, ed. J. Arrow and L. Hurwicz, Cambridge and New York: Cambridge University Press, 1977. Hurwicz, L. 1976. On informational requirements for nonwasteful resource allocation systems. In Mathematical Models in Econometrics: Papers and Proceedings of a US-USSR Seminar, Moscow,ed. S. Shulman, New York: National Bureau of Economic Research. , Radner, R. and Reiter, S. 1975. A stochastic decentralized resource allocation process.

Samuelson, P. 1958. An exact consumption-loan model of interest with or without the social contrivance of money. Journal of Political Economy 66, December, 467-82. Sato, F. 1981. On the informational size of message spaces for resource allocation processes in economies with public goods. Journal of Economic Theory 24, 48-69. Slater, M. 1950. Lagrange multipliers revisited: a contribution to non-linear programming. Cowles Commission Discussion Paper, Math. 403, also RM-676, 1951. Sonnenschein, H.

Radner, Amsterdam, London: North-Holland, ch. 14,297-336. Hurwicz, L. 1972b. On the dimensional requirements of informationally decentralized Pareto-satisfactory processes. Presented at the Conference Seminar in Decentralization, Northwestern University. In Studies in Resource Allocation Processes, ed. J. Arrow and L. Hurwicz, Cambridge and New York: Cambridge University Press, 1977. Hurwicz, L. 1976. On informational requirements for nonwasteful resource allocation systems. In Mathematical Models in Econometrics: Papers and Proceedings of a US-USSR Seminar, Moscow,ed.

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