Incentives, Organization, and Public Economics
Papers in Honour of Sir James Mirrlees
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Product details:
- Publisher OUP Oxford
- Date of Publication 21 December 2000
- ISBN 9780199242290
- Binding Hardback
- No. of pages366 pages
- Size 242x162x25 mm
- Weight 680 g
- Language English
- Illustrations line figures 0
Categories
Short description:
This volume celebrates the career of Nobel Laureate Sir James Mirrlees. The contributions are all by leading authorities and range over Mirrlees' fields of interest: the economics of information, welfare, taxation, project appraisal, and industrial organization. The book will appeal to a wide audience of economists working in microeconomic theory.
MoreLong description:
This collection celebrates the career of Sir James Mirrlees, who received the 1996 Nobel Prize in Economics for his work on income taxation and its extension to information and incentive problems. His contributions have proved fundamental to the development of a wide range of areas in economics.
The 17 papers contained in this volume focus on themes that are representative of Mirrlees' work, including the economics of information, welfare, taxation, project appraisal, and industrial organization. All the contributors have spent time working closely with Mirrlees - either as his co-author or his student - and all are recognized authorities in their fields.
The significant new contributions that this collection offers will have wide-ranging appeal, and should prove particularly interesting to scholars working in the areas of microeconomics, microeconomic theory, mathematical economics, and welfare economics.
Table of Contents:
Introduction
Corporate Diversification and Agency
Adverse Selection and Insurance with uberrima fides
Strategic Experimentation: the Undiscounted Case
Approximate Common Knowledge in a Search Model
Wealth and Welfare
Adjusting One's Standard of Living: Two-Period Models
Who Should Provide Public Goods?
An Optimal Earnings Schedule
Non-linear Utility Pricing and Targeting the Poor
A Reconsideration of the Optimal Income Tax
Reassessing the Diamond-Mirrlees Efficiency Theorem
Valuing Our Future: Cost-Benefit Analysis and Sustainability
Chinese Reforms from a Comparative Perspective
Capital Structure and Imperfect Competition in Product Markets
Repeated Oligopoly Interaction
Competing against Bundles
On the Optimal Location of Capital