Optimal Decisions in Markets and Planned Economies
Cover -- Half Title -- Title -- Copyright -- Contents -- Preface -- Acknowledgements -- Contributors -- PART 1 COMPARATIVE ECONOMIC SYSTEMS -- 1 Microeconomic Categories in Different Economic Systems: The Firm -- 2 The Theory of the Firm Under Capitalism and Socialism -- PART 2 OPTIMIZATION IN PLANNING -- 3 Bargaining and Search in Imperfect Markets: A Centrally Planned Economy -- 4 Producers' Criteria in a Centrally Planned Economy -- 5 The Enterprise and the Economic Center: Control and Cooperation -- 6 Output Targets, Input Rationing and Inventories -- 7 Behavior of the Socialist Firm Under Indirect Control -- 8 On the Dynamics of a Participatory Firm: A Model of Employer-Worker Bargaining -- PART 3 OPTIMIZATION IN MARKETS -- 9 Does Increased Efficiency Require Tighter Control? -- 10 Optimal Auctions and Market Structure -- 11 Increasing Returns and Selling Expenses -- 12 Product Variety: The Performing Arts Market -- 13 Prices Before and After Vertical Mergers of Firms -- 14 Optimal Production and Inventory Policies: The Incentive Effects of Taxation -- PART 4 COLLECTIVE CHOICE AND POWER SHARING -- 15 Positionalist Aggregation Functions and Distributive Justice -- 16 Decentralization and Pressure-Group Activities -- PART 5 DEMAND, EXPECTATIONS AND DISEQUILIBRIUM -- 17 The Form of Expected Demand in Hungary: A Mills-type Model -- 18 Expectations of Demand by Firms and Their Effect on Disequilibrium -- 19 The Rationality of Adjustment Behavior in a Model of Monopolistic Competition -- PART 6 STRATEGIES AND GENERAL EQUILIBRIUM -- 20 Maximin vs. Nash Equilibrium: Theoretical Results and Empirical Evidence -- 21 The Valuation of Economic Information -- 22 Equilibrium with Nonstandard Prices in Exchange Economies -- 23 Rationing Schemes and Markets -- 24 The Edgeworth Conjecture for a Production Economy Without Ordered Preferences.
