Skip to main content
Book cover

The Economics of Informational Decentralization: Complexity, Efficiency, and Stability

Essays in Honor of Stanley Reiter

  • Book
  • © 1994

Overview

This is a preview of subscription content, log in via an institution to check access.

Access this book

eBook USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (14 chapters)

Keywords

About this book

In this volume are papers written by students and co-authors of Stanley Reiter. The collection reflects to some extent the range of his interests and intellectual curiosity. He has published papers in statistics, manage­ ment science, international trade, and welfare economics. He co-authored early papers in economic history and is reported to be largely responsible for giving the field its name of Cliometrics. He helped initiate, nurture and establish the area of economics now known as mechanism design which studies information decentralization, incentives, computational complexity and the dynamics of decentralized interactions. The quality, craft, depth, and innovative nature of his work has always been at an exceptionally high level. Stan has had a strong and important direct effect on many students at Purdue University and Northwestern University. He created and taught a course which all of his students have both dreaded and respected. Using the Socratic method in remarkably effective ways to teach theory skills, he has guided, prodded, and encouraged us to levels we did not think we were capable of. Some of his students are represented in this volume. But even those whose careers took directions other than mathematical economics still consider that training to be an important component of their success. Stan's students include department chairmen, business executives, Deans, a Secretary of the Air Force, and a College President. His guidance has been necessary and fundamental to whatever successes we have had.

Editors and Affiliations

  • California Institute of Technology, Pasadena, USA

    John O. Ledyard

Bibliographic Information

  • Book Title: The Economics of Informational Decentralization: Complexity, Efficiency, and Stability

  • Book Subtitle: Essays in Honor of Stanley Reiter

  • Editors: John O. Ledyard

  • DOI: https://doi.org/10.1007/978-1-4615-2261-4

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1994

  • Hardcover ISBN: 978-0-7923-9502-7Published: 31 July 1995

  • Softcover ISBN: 978-1-4613-5953-1Published: 16 December 2012

  • eBook ISBN: 978-1-4615-2261-4Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XII, 443

  • Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Public Economics

  • Industry Sectors: Finance, Business & Banking

Publish with us