The role of asymmetric information in allocation of resources, together with the associated information-revelation process, has long been a central focus of economic research. While the bulk of the literature addresses these is sues within the framework of principal-agent relationship, which essentially reduces the problem to the sole principal's (the sole Stackelberg leader's) optimization problem subject to the agents' (the Stackelberg followers') re sponses, there are recent attempts to extend analysis to other economic setups characterized by different relationships among decision-makers....
The role of asymmetric information in allocation of resources, together with the associated information-revelation process, has long been a central fo...
Some economic problems can be formulated as constrained optimizations and equilibration of their solutions. This series is designed to bring together mathematicians interested in getting new stimuli from economic theories with economists who are seeking effective mathematical tools.
Some economic problems can be formulated as constrained optimizations and equilibration of their solutions. This series is designed to bring together ...
This series is designed to bring together those mathematicians who were seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking for effective mathematical tools for their researchers.
This series is designed to bring together those mathematicians who were seriously interested in getting new challenging stimuli from economic theories...
These are" notes based on courses in Theoretical Population Genetics given at the University of Texas at Houston during the winter quarter, 1974, and at the University of Wisconsin during the fall semester, 1976. These notes explore problems of population genetics and evolution involving stochastic processes. Biological models and various mathematical techniques are discussed. Special emphasis is given to the diffusion method and an attempt is made to emphasize the underlying unity of various problems based on the Kolmogorov backward equation. A particular effort was made to make the subject...
These are" notes based on courses in Theoretical Population Genetics given at the University of Texas at Houston during the winter quarter, 1974, and ...