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The Resource Social Norms, Bounded Rationality and Optimal Contracts

Social Norms, Bounded Rationality and Optimal Contracts

Label
Social Norms, Bounded Rationality and Optimal Contracts
Title
Social Norms, Bounded Rationality and Optimal Contracts
Creator
Subject
Language
eng
Member of
Cataloging source
MiAaPQ
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Studies in Economic Theory Ser.
Series volume
v.30
Social Norms, Bounded Rationality and Optimal Contracts
Label
Social Norms, Bounded Rationality and Optimal Contracts
Link
http://libproxy.rpi.edu/login?url=https://ebookcentral.proquest.com/lib/rpi/detail.action?docID=4530844
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Copyright
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Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Contents -- Abstract -- 1 Introduction -- References -- 2 Ambiguity, Robustness, and Contract Design -- 2.1 A Model of Ambiguity Aversion -- 2.2 Equilibrium Theory and Ambiguity -- 2.3 Ambiguity Aversion and the Myerson-Satterthwaite Theorem -- 2.4 Ambiguity Aversion, Moral Hazard, and Contractual Incompleteness -- 2.5 Some Other Economic Effects of Pessimism -- 2.5.1 Robustness and Linear Contracts: Uncertainty Over Agent's Actions -- 2.5.2 Monetary Equilibria with Wary Agents -- 2.6 Concluding Remarks -- References -- 3 Evolution of Preferences, Social Norms, and Decision Rules -- 3.1 Evolution of Preferences -- 3.1.1 Evolution of Optimal Preferences Under Bounded Rationality -- 3.2 Evolution of Decision Rules -- 3.3 Evolution of Social Norms -- 3.3.1 Evolution of Conventions with Mobile Players and Spatially Homogeneous Payoffs -- 3.3.1.1 The Long-Run Outcome -- 3.3.1.2 The Medium-Run Outcomes -- 3.3.1.3 The Model with Spatially Heterogeneous Payoffs -- 3.4 On Coevolution of Preferences, Social Norms, and Decision Rules -- References -- 4 Complexity Constraints and Optimal Contracts -- 4.1 A Model of Computational Complexity -- 4.1.1 A Formal Model -- 4.2 A Model of Linguistic Complexity -- 4.3 Complexity as the Number of Unforeseen Contingencies -- 4.4 Complexity and Economics: A Summary -- References -- 5 Probabilistic Choice and Optimal Contracts -- 5.1 Trembling Hands and Optimal Screening -- 5.2 Nonlinear Pricing Under Bounded Rationality -- 5.2.1 Mussa and Rosen Model Revisited -- 5.2.2 Introducing Bounded Rationality in the Mussa and Rosen Model -- 5.3 Bounded Rationality and the Revelation Principle -- 5.3.1 A Model of Boundedly Rational Behavior -- 5.3.2 The Optimal Menu of Contracts and a Comparison with Some Other Mechanisms -- 5.4 Oligopoly, Bounded Rationality, and Optimal Obfuscation
  • 5.4.1 The Bertrand Model with Boundedly Rational Consumers -- 5.5 Emotional Temperature and the Power of Optimal Incentives -- 5.5.1 Optimal Emotional Temperature -- 5.5.2 Effect of Emotional Temperature on the Power of Optimal Incentives -- 5.6 All-Pay Auctions with Boundedly Rational Bidders -- References -- 6 Bounded Rationality, Learning, and Optimal Contracts -- References -- 7 Social Norms and Optimal Contracts -- 7.1 A Model of Reciprocal Wage Setting -- 7.1.1 An Evolutionary Model of Reciprocity -- 7.2 When to Hire a Local? -- 7.3 Optimal Contracting Model in a Social Environment and Trust-Related Psychological Costs -- 7.4 High-Performance Work Systems and Interaction-Based Approach to Socioeconomic Behavior -- 7.5 Social Norms and Incentives: What Have We Learned? -- References -- 8 Miscellaneous Models -- 8.1 Monopoly Pricing with Viscous Demand and Customer Turnover -- 8.1.1 A Model of Viscous Demand -- 8.1.2 The Customer Turnover Rate and the Monopolist's Profits -- 8.2 Auctions with Opportunistic Experts -- 8.2.1 The Model -- 8.3 A Model of Boundedly Rational Addiction -- 8.3.1 The Model -- 8.3.2 Unique Asymptotically Stable Steady State -- 8.3.3 The Run-Away Regime -- 8.3.4 Multiple Steady States -- 8.3.5 Discussion of Empirical Evidence -- 8.3.6 Switching Regimes and Policy Applications -- References -- 9 Conclusions and Directions for Further Research -- References
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unknown
http://library.link/vocab/discovery_link
{'f': 'http://opac.lib.rpi.edu/record=b4385363'}
Extent
1 online resource (181 pages)
Form of item
online
Isbn
9789811010415
Media category
computer
Media MARC source
rdamedia
Media type code
c
Sound
unknown sound
Specific material designation
remote

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