Bøger i Lecture Notes in Economics and Mathematical Systems serien

Within the field of multiple criteria decision making, this volume covers advances in multiple objective and goal programming as presented at the second International Conference on Multi-Objective Programming and Goal Programming.

The aim of this book is the presentation of two new descriptive theories for experimental bargaining games and a comparison with other descriptive and normative theories. But unlike natural scientists, economists have not been able to test their theories under controlled conditions.

Elements of a Nonlinear Theory of Economic Dynamics provides both a framework and a survey of its needs. First, principle results and techniques of the theory relevant to applications in dynamic economics are discussed, then their application in view of older endogenous cycle theories are considered in a unified mathematical framework.

statistics and applied sciences.* In 1949 de Finetti introduced one of the fundamental of generalized convex functions characterized by convex level sets which are now known as quasiconvex functions.

new models are developed in which the rather stringent and questionable restrictions of symmetry generally imposed upon stochastic adjustment models of labour demand are relaxed, the models are analysed empirically using time series data of Dutch and U.K.

This work shows that the gap between theory and facts in modern macroeconomics can only be elimated by nonlinear macroeconomic dynamics with certain following characteristics.

The present book adds an important contribution to the understanding of principles of boundedly rational behavior by directly observing groups of subjects in a decision situation and videotaping their discussions. A very important result of the book is that the behavior of subjects is guided by aspirations regarding the final outcome.

This proceedings volume consists of papers presented at the Seventh International Workshop on Computer-Aided Scheduling of Pllblic Transport, which was held at th th the Massachusetts Institute of Technology from August 5 to 8 , 1997.

In principle, money illusion could explain the inertial adjustment of prices after changes of monetary policy. Hence, money illusion could provide an explanation of monetary non-neutrality. This book argues that money illusion has been prematurely dismissed as an explanation of monetary non-neutrality.

Flow line design is one of the major tasks in production management. Based on these fast analytical techniques, it is possible to determine a flow line design that maximizes the net present value of the flow line investment.

Developments in the field of ill-posed variational problems and variational inequalities are presented here. The work covers a large range of theoretical, numerical and practical aspects.

These two modes of working on Games are quite different but we think that a unitary approch to Games can be given and this book is an attempt in this direction. Because of asymmetry in the (stochastic) information available the Nash and the Stackelberg games become non standard stochastic diffe rential games.

Four stylised facts of aggregate economic growth are set up initially. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables.

This volume consists of six essays that develop and/or apply "rational expectations equilibrium inventory models" to study the time series behavior of production, sales, prices, and inventories at the industry level.

Traditionally, there was a distinct difference between optimization in engineering, optimization in management, and optimization as it was treated in mathematical sciences.

This monograph offers information on the theory of degeneracy graphs, paving the way for an understanding of further applications, and also uses the basic theory to go on to explain the theory of simplex cycling and to derive the conditions in which simplex cycling would be used.

The arising new business cycle theory can on the one side be validated by empirical evidence and on the other hand the typical behavior of nonlinear dynamic systems including the transition to deterministic chaos can be clearly demonstrated.

In this book overlapping generations economies are analysedfrom a game theoretical point of view and the socialacceptability of consumption allocations is studied ininfinite horizon models of pure exchange economieswithagents with finite lifetimes who behave cooperatively.

Presentation Many economic problems, as equilibrium models, input-output analysis, rational behaviour, etc.

Papers from a meeting aiming to bring together scientists from stochastic programming and from engineering areas where mathematical programming models are common tools, for example, optimal structural design, power dispatch and acid rain management. Theory and method are both covered.

We have evidence from several earlier experimental studies on oligopoly markets that, even in less complex oligopoly situations where the equilibrium solutions are very easy to compute, human behavior often is different from what is prescribed by normative theory.

For instance, the primary commodity price boom of 1973/74 and the subsequent period of highly volatile world market prices initiated increased research on commodity markets which quickly focused on possible price stabilization schemes, particularly on buffer stocks.

Planning in a general sense is concerned with the design of communication and decision making mechanisms in organizations where information and choice are decentralized.

This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework.

The following lecture notes were written shortly after I gave a course on capital theory in the winter-semester 1970/71 at the Univer sity of Heidelberg.

The author of this book, Igor' Vladimirovich Girsanov, was one of the first mathematicians to study general extremum problems and to realize the feasibility and desirability of a unified theory of extremal problems, based on a functional analytic approach.

The proceedings of the Second US-Italy Seminar on Variable Structure Systems is published in this volume.