Review of Economic Studies
1934 1950 1951 1955 1961 1962 1966 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1979 1980 1981 1982 1984 1985 1986 1989 1990 1993 1994 1995 1996 1997 1999 2002 2003 2004 2005 2006
Alternative theories of distribution [статья]
Опубликовано на портале: 19-03-2003
Nicholas Kaldor
Review of Economic Studies.
1955.
Vol. 2.
No. 23.
P. 83-100.
Дается обзор теорий, касающихся одной из ключевых проблем
политической экономии, - проблемы распределения дохода. Имеющиеся теории
классифицируются по четырем группам: классические (рикардианские), марксистские,
неоклассические и кейнсианские.
Опубликовано на портале: 15-07-2004
James Friedman
Review of Economic Studies.
1971.
Vol. 38.
P. 1-12.
Presents a non-cooperative equilibrium concept, applicable to supergames, which fits John Nash's non-cooperative equilibrium and also has some features resembling the Nash cooperative solution. Description of an ordinary game; Definition and discussion of a non-cooperative equilibrium for supergames; Description of supergame and supergame strategies; Information on the Cournot strategy.
Опубликовано на портале: 12-05-2004
James Friedman
Review of Economic Studies.
1971.
Vol. 38.
No. 113.
P. 1-12.
Presents a non-cooperative equilibrium concept, applicable to supergames, which fits
John Nash's non-cooperative equilibrium and also has some features resembling the
Nash cooperative solution.
Опубликовано на портале: 30-01-2007
Debraj Ray, Kaljan Chatterjee, Kunal Sengupta, Bhaskar Dutta
Review of Economic Studies.
1993.
Vol. 60.
No. 2.
P. 463-77.
The authors explore a sequential offers model of n-person coalitional bargaining
with transferable utility and with time discounting. Their focus is on the efficiency
properties of stationary equilibria of strictly superadditive games when the discount
factor 'delta' is sufficiently large. It is shown that delay and the formation of
inefficient subcoalitions can occur in equilibrium, the latter for some or all orders
of proposer. However, efficient stationary equilibrium payoffs converge to a point
in the core as 'delta' approaches one. Strict convexity is a sufficient condition
for there to exist an efficient stationary equilibrium payoff vector for sufficiently
high 'delta'.
Опубликовано на портале: 31-03-2003
William M. Gorman
Review of Economic Studies.
1980.
Vol. 47.
No. 150.
P. 843-857.
Provides information on a study which developed a method for analyzing quality differentials
in the egg market. Details on the maximum likelihood methods; Hypotheses of the study;
Method for minimizing the total variance. (Из Ebsco)
Опубликовано на портале: 21-09-2004
Robert M. Anderson, M. Ali Khan, Salim Rashid
Review of Economic Studies.
1982.
Vol. 49.
P. 473-475.
Authors prove the existence of approximate equilibria in exchange economies, giving bounds
on the excess demand in terms of the number of traders and norms of the endowments,
but independent of the preferences.
Опубликовано на портале: 02-09-2003
Andrew B. Abel, Gregory N. Mankiw, Lawrence H. Summers, Richard J. Zeckhauser
Review of Economic Studies.
1989.
No. 56.
P. 1-20.
The issue of dynamic efficiency is central to analyses of capital accumulation and
economic growth. Yet the question of what characteristics should be examined to determine
whether actual economies are dynamically efficient is unresolved. This paper develops
a criterion for determining whether an economy is dynamically efficient. The criterion,
which holds for economies in which technological progress and population growth are
stochastic, involves a comparison of the cash flows generated by capital with the
level of investment. Its application to the United States economy and the economies
of other major OECD nations suggests that they are dynamically efficient.
Опубликовано на портале: 12-05-2004
Leo K. Simon
Review of Economic Studies.
1984.
Vol. 51.
P. 209-230.
Presents a study which developed a game-theoretic model of a pure exchange, monetary
economy in which buyers and sellers announce both quantities and prices. Motivation
and outline of the model; Similarities and differences between the model and that
of Bertrand's; Components of the strategic market game.
Chamberlin versus Chicago [статья]
Опубликовано на портале: 01-10-2003
George C. Archibald
Review of Economic Studies.
1961.
Vol. 29.
No. 1.
P. 2-28.
В статье анализируются методологические разногласия между чикагской школой и приверженцами
подхода к анализу несовершенной конкуренции, развитого в книге Чемберлина "Теория
монополистической конкуренции". Значительное внимание в статье приковано к анализу
как предположений, лежащих в основе теории Чемберлина, так и выводов теории монополистической
конкуренции.
Churning Bubbles [статья]
Опубликовано на портале: 14-03-2005
Franklin Allen, Gary Gorton
Review of Economic Studies.
1993.
Vol. 60.
No. 4.
P. 813-836.
Are stock prices determined by fundamentals or can "bubbles" exist? An important
issue in this debate concerns the circumstances in which deviations from fundamentals
are consistent with rational behaviour. When there is asymmetric information between
investors and portfolio managers, portfolio managers have an incentive to churn;
their trades are not motivated by changes in information, liquidity needs or risk
sharing but rather by a desire to profit at the expense of the investors that hire
them. As a result, assets can trade at prices which do not reflect their fundamentals
and bubbles can exist.
Cournot equilibrium with free entry [статья]
Опубликовано на портале: 12-05-2004
William Novshek
Review of Economic Studies.
1980.
Vol. 47.
P. 473-486.
Provides proof of the Folk Theorem for competitive markets with a single homogenous
good and free entry and exit. Model of competition under the theorem; Cournot equilibrium
with free entry.
Опубликовано на портале: 07-02-2003
Giora Hanoch, Heim Levy
Review of Economic Studies.
1969.
Vol. 36.
No. 3.
P. 335-46.
Presents an efficiency analysis of choices involving risk in portfolio selection.
Description of a necessary and sufficient condition of efficiency; Computations for
the optimal efficiency criterion in the presence of general risk aversion; Analysis
of the conditions under which the mean-variance criterion is a valid efficiency criterion.
(Из Ebsco)
Опубликовано на портале: 31-03-2003
Gerard R. Buttlers
Review of Economic Studies.
1977.
Vol. 44.
No. 138.
P. 465-491.
Focuses on the formulation of equilibrium distributions of sales and advertising
prices. Development of a model in which sellers have constant average cost curves;
Approach to prove assumptions on consumer preferences; Description of the basic model
of consumer pricing. (Из Ebsco)
Опубликовано на портале: 31-03-2003
Donald J. Brown, Geoffrey M. Heal
Review of Economic Studies.
1979.
Vol. 46.
No. 145.
P. 571-585.
Focuses on a study which examined economic equilibria involving increasing returns
and optimality. Description of the model; Geometrical and mathematical derivation
of the model; Conditions involved in economies with efficient equilibria. (From Ebsco)
Опубликовано на портале: 07-02-2003
Pierangelo Garegnani
Review of Economic Studies.
1970.
Vol. 37.
No. 111.
P. 407-36.
Focuses on a study which dealt with production function, heterogeneous capital and
the theory of distribution. Relations between the wage, the rate of interest and
the product per worker in the two-commodity economy; Details on the surrogate production
function; Premises of the traditional theory of distribution. (Из Ebsco)
|
|