Essays in Honor of Kenneth J. Arrow: Volume 1, Social Choice and Public Decision Making
Walter P. Heller, Ross M. Starr, David A. Starrett, Kenneth Joseph Arrow
Cambridge University Press, 26 set 1986 - 215 pagine
Professor Kenneth J. Arrow is one of the most distinguished economic theorists. He has played a major role in shaping the subject and is honoured by the publication of three volumes of essays on economic theory. Each volume deals with a different area of economic theory. The books include contributions by some of the best economic theorists from the United States, Japan, Israel and Europe.
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Uncertainty information and communication
Incentive theory with data compression
DECISION MAKING IN THE PUBLIC SECTOR
Asset pricing theories
Toward a theory of planning
implications for the opportunity cost
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act utilitarian action allocations alternatives analysis approach Arrow Arrow's theorem assume assumption axiom behavior called Cambridge changes choice rule choose complete concept condition consequences consequentialism consider consists constraints consumption context correspondence cost decision tree defined definition depend determined discount discussed dollar domain Economic effects equilibrium equivalence example exists expected fact firm follows function given horizon implementation implies important independence individual interest invariance investment involving Journal Lemma maximize monotonicity moral code Nash Note objective optimal ordering Pareto particular period planning players possible preference present Press price of capital problem production proof rational relation requirement restricted risk rule rule utilitarian satisfy shadow price social choice social norm social utility society specific strategy Theorem theory tion uncertainty University vector welfare