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Advances in Economics and Econometrics
Tenth World Congress

Volume 1. Economic Theory

CAD$178.95 (P)

Part of Econometric Society Monographs

Atila Abdulkadiroğlu, Tayfun Sönmez, Jonathan Levin, Yeon-Koo Che, Yuliy Sannikov, Bruno Biais, Thomas Mariotti, Jean Charles Rochet, Johannes Hörner, Itzhak Gilboa, Massimo Marinacci, Bart Lipman, Wolfgang Pesendorfer, Ran Spiegler, Joel Sobel, Luis Garicano, Andrea Prat, Pierpaolo Battigalli, Alfredo Di Tillio, Dov Samet, Dean Foster, Rakesh Vohra, Wojciech Olszewski, Philippe Aghion, Peter Howitt, Susanne Prantl, Hugo Hopenhayn, Gerard Llobet, Matthew Mitchell
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  • Date Published: May 2013
  • availability: Available
  • format: Hardback
  • isbn: 9781107016040

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About the Authors
  • This is the first of three volumes containing edited versions of papers and commentaries presented at invited symposium sessions of the Tenth World Congress of the Econometric Society, held in Shanghai in August 2010. The papers summarize and interpret key developments in economics and econometrics, and they discuss future directions for a wide variety of topics, covering both theory and application. Written by the leading specialists in their fields, these volumes provide a unique, accessible survey of progress on the discipline. The first volume primarily addresses economic theory, with specific focuses on nonstandard markets, contracts, decision theory, communication and organizations, epistemics and calibration, and patents.

    • The most important summative statements of key topics in today's economies
    • Written by world-class, internationally known scholars
    • The most rigorous, focused analyses of these subjects available anywhere
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    Product details

    • Date Published: May 2013
    • format: Hardback
    • isbn: 9781107016040
    • length: 512 pages
    • dimensions: 229 x 152 x 33 mm
    • weight: 0.92kg
    • contains: 14 b/w illus. 1 table
    • availability: Available
  • Table of Contents

    Part I. Nonstandard Markets:
    1. Matching markets: theory and practice Atila Abdulkadiroğlu and Tayfun Sönmez
    2. The economics of Internet markets Jonathan Levin
    3. Discussion of 'matching markets: theory and practice' Yeon-Koo Che
    Part II. Contracts:
    4. Contracts: the theory of dynamic principal-agent relationships and the continuous-time approach Yuliy Sannikov
    5. Dynamic financial contracting Bruno Biais, Thomas Mariotti and Jean Charles Rochet
    6. Comments on contracts Johannes Hörner
    Part III. Decision Theory:
    7. Ambiguity and the Bayesian paradigm Itzhak Gilboa and Massimo Marinacci
    8. Temptation Bart Lipman and Wolfgang Pesendorfer
    9. Comments on 'behavioral' decision theory Ran Spiegler
    Part IV. Communication/Organization:
    10. Giving and receiving advice Joel Sobel
    11. Organizational economics with cognitive costs Luis Garicano and Andrea Prat
    Part V. Foundations Epistemics and Calibration:
    12. Strategies and interactive beliefs in dynamic games Pierpaolo Battigalli, Alfredo Di Tillio and Dov Samet
    13. Calibration: respice, adspice, prospice Dean Foster and Rakesh Vohra
    14. Discussion of 'strategies and interactive beliefs in dynamic games' and of 'calibration: respice, adspice, prospice' Wojciech Olszewski
    Part VI. Patents: Pros and Cons for Innovation and Efficiency:
    15. Revisiting the relationship between competition, patenting, and innovation Philippe Aghion, Peter Howitt and Susanne Prantl
    16. Mechanisms for allocation and decentralization of patent rights Hugo Hopenhayn, Gerard Llobet and Matthew Mitchell.

  • Editors

    Daron Acemoglu, Massachusetts Institute of Technology
    Daron Acemoglu is the Elizabeth and James Killian Professor of Economics at the Massachusetts Institute of Technology and the recipient of the John Bates Clark Medal in 2005. He is the author of numerous works including Economic Origins of Dictatorship and Democracy, with James Robinson (Cambridge University Press, 2006) and Introduction to Modern Economic Growth (2009). He is the current editor of Econometrica.

    Manuel Arellano, Centro de Estudios Monetarios y Financieros (CEMFI), Madrid
    Manuel Arellano is a Professor of Econometrics at CEMFI, Madrid. His many published articles have appeared in numerous journals, including Econometrica, the Journal of Econometrics, and The Economic Journal. He is the author of Panel Data Econometrics (2003) and currently serves as second vice-president of the Econometric Society.

    Eddie Dekel, Northwestern University and Tel Aviv University
    Eddie Dekel is the William R. Kenan, Jr, Professor of Economics at Northwestern University and Grace and Daniel Ross Professor of Economics at Tel-Aviv University. He is a member of the American Academy of Arts and Sciences, a past editor of Econometrica and a current associate editor of Theoretical Economics and the Journal of Economic Literature.

    Contributors

    Atila Abdulkadiroğlu, Tayfun Sönmez, Jonathan Levin, Yeon-Koo Che, Yuliy Sannikov, Bruno Biais, Thomas Mariotti, Jean Charles Rochet, Johannes Hörner, Itzhak Gilboa, Massimo Marinacci, Bart Lipman, Wolfgang Pesendorfer, Ran Spiegler, Joel Sobel, Luis Garicano, Andrea Prat, Pierpaolo Battigalli, Alfredo Di Tillio, Dov Samet, Dean Foster, Rakesh Vohra, Wojciech Olszewski, Philippe Aghion, Peter Howitt, Susanne Prantl, Hugo Hopenhayn, Gerard Llobet, Matthew Mitchell

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