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steven d gjerstad

Showing 1 - 12 of 12 results for “steven d gjerstad
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  • Rethinking Housing Bubbles

    The Role of Household and Bank Balance Sheets in Modeling Economic Cycles

    In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith analyze the role of housing and its associated mortgage financing as a key element of economic cycles. The authors combine data from both laboratory and real markets to provide insight into the bubble propensity of real-world economic actors and use novel historical analysis on the Great Recession, the ... Read more

    $70.59 USD

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  • General Equilibrium Theory

    An Introduction

    by Ross M. Starr ...
    General Equilibrium Theory: An Introduction presents the mathematical economic theory of price determination and resource allocation from elementary to advanced levels, suitable for advanced undergraduates and graduate students of economics. This Arrow–Debreu model (known for two of its most prominent founders, both Nobel Laureates) is the basis of modern price theory and of a wide range of ... Read more

    $54.19 USD

  • Mechanism Design

    A Linear Programming Approach

    Series Book 47 - Econometric Society Monographs
    Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: ... Read more

    $33.69 USD

  • S-Variable Approach to LMI-Based Robust Control

    Series series Engineering (R0)
    This book shows how the use of S-variables (SVs) in enhancing the range of problems that can be addressed with the already-versatile linear matrix inequality (LMI) approach to control can, in many cases, be put on a more unified, methodical footing. Beginning with the fundamentals of the SV approach, the text shows how the basic idea can be used for each problem (and when it should not be employed ... Read more

    $89.09 USD

  • One Currency, Two Europes: Towards A Dual Eurozone

    by Bruno Dallago ...
    The aftermath of the US subprime mortgage crisis in 2008 saw its influence spread around the world, including Europe. The European crisis turned out to be longer, deeper and more resilient than anticipated. An unexpected consequence was the increasingly divergent economic and financial situation of two main groups of countries within the Eurozone, which includes the countries that adopt the euro ... Read more

    $71.09 USD

  • Optimization of Temporal Networks under Uncertainty

    Series series Business and Management (R0)
    Many decision problems in Operations Research are defined on temporal networks, that is, workflows of time-consuming tasks whose processing order is constrained by precedence relations. For example, temporal networks are used to model projects, computer applications, digital circuits and production processes. Optimization problems arise in temporal networks when a decision maker wishes to ... Read more

    $89.09 USD

  • Repeated Games

    Series Book 55 - Econometric Society Monographs
    Three leading experts have produced a landmark work based on a set of working papers published by the Center for Operations Research and Econometrics (CORE) at the Université Catholique de Louvain in 1994 under the title 'Repeated Games', which holds almost mythic status among game theorists. Jean-François Mertens, Sylvain Sorin and Shmuel Zamir have significantly elevated the clarity and depth of ... Read more

    $63.19 USD

  • Chance, Strategy, and Choice

    An Introduction to the Mathematics of Games and Elections

    Series series Cambridge Mathematical Textbooks
    Games and elections are fundamental activities in society with applications in economics, political science, and sociology. These topics offer familiar, current, and lively subjects for a course in mathematics. This classroom-tested textbook, primarily intended for a general education course in game theory at the freshman or sophomore level, provides an elementary treatment of games and elections. ... Read more

    $45.99 USD

  • New Insights into the Theory of Giffen Goods

    Edited by Wim Heijman, Pierre Mouche ...
    Series series Economics and Finance (R0)
    One might expect that after their identification in the 19th century, all aspects of Giffen goods would have been studied by now. This appears not to be the case. This book contains the latest insights into the theory of Giffen goods. In the past, surprisingly few goods could be categorized as “Giffen.” This may be because of a lack of understanding of the character of these goods. Therefore, the ... Read more

    $89.09 USD

  • The Short-Run Approach to Long-Run Equilibrium in Competitive Markets

    A General Theory with Application to Peak-Load Pricing with Storage

    Series series Economics and Finance (R0)
    The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This “short-run approach” develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method of ... Read more

    $49.49 USD

  • Rational Decision and Causality

    by Ellery Eells ...
    Series series Cambridge Philosophy Classics
    First published in 1982, Ellery Eells' original work on rational decision making had extensive implications for probability theorists, economists, statisticians and psychologists concerned with decision making and the employment of Bayesian principles. His analysis of the philosophical and psychological significance of Bayesian decision theories, causal decision theories and Newcomb's paradox ... Read more

    $23.79 USD

  • Production Networks and Enterprises in East Asia

    Industry and Firm-level Analysis

    Edited by Ganeshan Wignaraja ...
    Series series Economics and Finance (R0)
    The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region’s global success. It provides the reader with an accessible understanding of the theoretical literature on production networks and recent developments in empirical analysis at the industry and firm-levels. The topics covered in the book include: gross trade in ... Read more

    $89.09 USD