Economics for an imperfect world : essays in honor of Joseph E. Stiglitz / edited by Richard Arnott [and others].

Format:

Book

Contributor:

Stiglitz, Joseph E.

Arnott, Richard.

Language:

English

Subjects (All):

Information theory in economics.

Risk management.

Uncertainty.

Multiple criteria decision making.

Physical Description:

1 online resource (viii, 702 p. ) ill. ;

Place of Publication:

Cambridge, Mass. : MIT Press, 2003.

Language Note:

English

Summary:

Essays by leading economic thinkers reflecting the influence of 2001 Nobel Prize winner Joseph E. Stiglitz. Throughout Joseph Stiglitz's long and distinguished career in economics, the focus has been on the real world, with all of its imperfections. His 2001 Nobel Prize recognized his pioneering research in imperfect information; his work in other areas, including macroeconomics, public economics, and development economics, has been just as influential. This volume, a collection of essays written to mark Stiglitz's sixtieth birthday, reflects the wide-ranging influence of "Stiglitzian" economics. The many distinguished contributors are his teachers, students, and coauthors; their participation testifies to the personal and professional impact of Joseph Stiglitz's contributions to contemporary economic thought.

Contents:

1. Joseph E. Stiglitz and Economics for an Imperfect World / Richard Arnott, Bruce Greenwald, Ravi Kanbur and Barry Nelebuff

2. A Small Pearl for Doctor Stiglitz's Sixtieth Birthday: When Risk Averters Positively Relish "Excess Volatility" / Paul A. Samuelson

3. On the Role of Good Faith in Insurance Contracting / Avinash Dixit and Pierre Picard.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (pages 641-681) and index.

OCLC-licensed vendor bibliographic record.

ISBN:

0-262-29191-6

0-262-26734-9

1-4237-2515-8

OCLC:

61677981