Problems of Coordination in Economic Activity

Released on by James W. Friedman
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  • Problems of Coordination in Economic Activity Book Detail

  • Author : James W. Friedman
  • Release Date : 2012-12-06
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 229
  • ISBN 13 : 940111398X
  • File Size : 84,84 MB
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Problems of Coordination in Economic Activity by James W. Friedman PDF Summary

Book Description: Coordination is extremely important in economic, political, and social life. The concept of economic equilibrium is based on the coordination of producers and consumers in buying and selling. This book reviews the topic of coordination from an economic, theoretical standpoint. The aim of this volume is twofold: first, the book contributes to the ongoing research on the economics of coordination; and second, it disseminates results and encourages interest in the topic. The volume contains original research on coordination including general game-theoretic questions, particular coordination issues within specific fields of economics (i.e. industrial organization, international trade, and macroeconomics), and experimental research.

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Coordination and Information

Coordination and Information

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Case studies that examine how firms coordinate economic activity in the face of asymmetric information—information not equally available to all parties—are

Coordination Games

Coordination Games

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This volume studies the implications of macroeconomic complementarities for aggregate behaviour. Topics include: economies with production complementarities; se