Studies in Resource Allocation Processes - Hardcover

9780521215220: Studies in Resource Allocation Processes

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ISBN 10: 0521215226 ISBN 13: 9780521215220

Verlag: Cambridge University Press, 1977

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This volume examines how resources are allocated in an economic system where decision-making is decentralized.

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Verlag: Cambridge University Press
Erscheinungsdatum: 1977
Sprache: Englisch
ISBN 10: 0521215226
ISBN 13: 9780521215220
Einband: Gebundene Ausgabe
Anzahl der Seiten: 500
Herausgeber: Arrow Kenneth J., Hurwicz Leonid
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9780521034005: Stud in Resource Allocation Process

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ISBN 10: 0521034000 ISBN 13: 9780521034005
Verlag: Cambridge University Press, 2008
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Studies in Resource Allocation Processes

Arrow, Kenneth J (Editor), and Hurwicz, Leonid (Editor)

Verlag: Cambridge University Press, New York, 1977

ISBN 10: 0521215226 ISBN 13: 9780521215220

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Hard cover. Sewn binding. Cloth over boards. 500 p. Contains: Unspecified. Audience: General/trade. One of the central questions of economics relates to the coordination of individual units within a large organization to achieve the central objectives of that organization. This book examines the problems involved in allocating resources in an economic system where decision-making is decentralized into the hands of individuals and individual enterprises. The decisions made by these economic agents must be coordinated because the input decisions of some must eventually equal the output decisions of others. Coordination arises naturally out of the mathematical theory of optimization but there is still the question of how it can be achieved in practice with dispersed knowledge. The essays here explore the many facets of this problem. Nine papers are grouped under the title 'Economies with a single maximand'. They include papers on static and dynamic optimization, decentralization within firms, and nonconvexities in optimizing problems. Fourteen papers are concerned with 'Economies with multiple objectives'. Among the topics covered here are stability of competitive equilibrium, stability in oligopology, and dynamic shortages. The final part of the book includes three papers on informational efficiency and informationally decentralized systems. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets. Very good in very good dust jacket. light shelfwear ot the jacket, previous owner name on first page. Bestandsnummer des Verk�ufers Alibris.0028279

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Studies in Resource Allocation Processes

Arrow, Kenneth J.; Hurwicz, Leonid

Verlag: Cambridge University Press, 1977

ISBN 10: 0521215226 ISBN 13: 9780521215220

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Hardcover. Zustand: Good. No Jacket. Condition : Good. Former-university library copy with associated library stamps etc. Hard cover, no jacket. 482pp. No highlighting or annotations to text. Some shelf wear. Photo on request. Bestandsnummer des Verk�ufers 942790

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STUDIES IN RESOURCE ALLOCATION PROCESSES

Arrow, Kenneth & Hurwicz, Leonid

Verlag: Cambridge University Press, Cambridge, 1977

ISBN 10: 0521215226 ISBN 13: 9780521215220

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Hardcover. First Publishing. Octavo, 482 pages. In Very good condition with a Very Good minus dust jacket condition. Purple and white spine with purple and white lettering. Dust jacket has modest shelf wear and light fraying on the edges. Text block has the ownership inscription of " Rj Reynolds" on front free endpaper. Shelved in Netdesk Column F, ND-F. 1381646. FP New Rockville Stock. Bestandsnummer des Verk�ufers 1381646

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STUDIES IN RESOURCE ALLOCATION PROCESSES

KENNETH J. ARROW,LEONID HURWICZ

Verlag: Cambridge University Press, 1977

ISBN 10: 0521215226 ISBN 13: 9780521215220

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Zustand: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service. Bestandsnummer des Verk�ufers ABEOCT25-97403

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