Contents | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | Z |

 

D. Microeconomics

Contents:

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D0 General

Baumol, William J. and Wolff, Edward N., "Feedback Between R&D and Productivity
Growth: A Chaos Model", in Benhabib, Jess, (ed.) Cycles and Chaos in Economic
Equilibrium, Princeton University Press, Princeton, NJ, 1992, pp.355-373. (HB3711 .C9
1992)

(P) Demsetz, H. "Rationality, Evolution, and Acquisitiveness", Economic Inquiry, July 1996,
Vol. 34, No. 3, pp. 484-495. (DEH HAS)

(P) Deneckere, R. and S. Pelikan, "Competitive Chaos", Journal of Economic Theory, Vol.
40, pp. 13-25, 1986. (ABS)

(P) Fleetwood, S., "Order Without Equilibrium: A Critical Realist Interpretation of Hayek's
Notion of Spontaneous Order", Cambridge Journal of Economics, November 1996, Vol. 20, No. 6, pp. 729-747. (DEH HAS)

Holland, John H., "The Rationality of Adaptive Agents", in Arrow, Kenneth et al. eds., The
Rational Foundations of Economic Behavior: Proceedings of the IEA Conference held in Turin, Italy, St. Martin's Press, London, 1996. , pp. 281-297 (DEH HAS)

Penrose, E., "Biological Analogies to the Theory of the Firm", American Economic Review,
October 1952, pp. 804-819. (ABS)

(P) Simon, Herbert A., "A Behavioral Model of Rational Choice", Quarterly Journal of
Economics, Vol. 69, 1955, pp. 99-118. (ABS)

Simon, Herbert, On the Behavoral and Rational Foundations of Economic Dynamics Ch.
2, pp. 21-41. (DEH HAS)

Simon, Herbert A., Administrative Behavior, 2nd ed. The Free Press, New York, 1957. (HD 31 S55 1975)

Simon, Herbert A., "A Mechanism for Social Selection and Successful Altruism ", Science,
21 December 1990, , Vol. 250. (Science Library)

Simon, Herbert A., Models of Bounded Rationality (2 vols.) The MIT Press, Cambridge,
Mass., 1982 (HD171 S5633 1982)

Simon, Hebert A., Economics, Bounded Rationality and the Cognitive Revolution, Edward Elgar, 1992. (HD30.23 .E324 1992)

Simon, Herbert A. "The Architecture of the Complexity" in Herbert A. Simon, The Sciences
of the Artificial, Cambridge Mass., MIT Press, 1969. (Q175 S564)

 

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D1 Household Behavior

Bernheim, B. "A Theory of Conformity", Journal of Political Economy, Vol. 108, 1994, pp.
841-887. (DEH HAS)

(P)Schelling, T. C., "Coping Rationality with Lapses from Rationality", Eastern Economic
Journal, Summer 1996, Vol. 22, No. 3, pp. 251-169. (DEH HAS)

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D12 Consumer Economics: Empirical Analysis

(P) Groenland, E. A. G.; Kuylen, A. A. A. ; and Bloem, J. G.; "The Dynamic Process
Tracing Approach: Towards the Development of a New Methodology for the Analysis of
Complex Consumer Behaviours", Journal of Economic Psychology, December 1996, Vol.
17,No. 6, pp. 809-825. (DEH HAS)

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D2 Production and Organizations

D20 General

Arthur, W. Brian, "On Designing Economic Agents that Behave like Human Agents",
Journal of Evolutionary Economics, Feb 1993, Vol. 3, No. 1, pp. 1-22. (IIL)

Arthur, W. Brian, "Inductive Reasoning and Bounded Rationality and the Bar Problem",
American Economic Review, May 1994, Vol. 84, No. 2, pp. 406-411. (ABS)

Arthur, W. Brian, "Designing Economic Agents that Act Like Human Agents: A Behavioral
Approach to Bounded Rationality", American Economic Review, Vol. 81, No. 2, May 1991,
pp. 353-359. (ABS)

(P) Balmann, A. et al. Path Dependence Without Increasing Returns to Scale and Network
Externalities , Journal of Economic Behavior and Organization, January 1996, Vol. 29, No. 1, pp. 159-172. (New item)

(P) Conlisk, J., "Optimization Cost", Journal of Economic Behavior and Organization, Vol. 9, 1988, pp. 787-821. (ABS)

Cyert, R. and March, J., A Behavioral Theory of the Firm, Prentice Hall, Englewood Cliffs,
1963, (HD38 C9)

Herrnstein, Richard et al., "Maximization and Melioration", mimeo, Department of
Psychology, Harvard University, 1990. (NIL)

Herrnstien, "Experiments on Stable Suboptimality in Individual Behavior", American
Economic Review, Vol. 81, No. 2, May, 1991, pp. 360-364. (ABS)

Katz, Michael and Carl Shapiro, "Network Externalities, Competition and Compatibility",
American Economic Review, Vol. 75, No. 3, June 1985, pp.424-441. (DEH-ABS)

(P) Katz, Michael and Carl Shapiro, "Product Introduction with Network Externalities",
Journal of Industrial Economics, Vol. 50, 1992, pp. 55-83. (New item)

Radner, R., "Bounded, Rationality, Indeterminacy, and the Theory of the Firm,", Economic
Journal, September 1996, pp. 1360-1373. (MIC 517)

(P) Sjostrom, T. and Weitzman, M. L., "Competition and the Evolution of Efficiency.",
Journal of Economic Behavior and Organization, July 1996, Vol. 30, No. 1, pp. 25-43. (DEH HAS)

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D21 Firm Behavior

(P) Conlisk, J., "Bounded Rationality and Market Fluctuations", Journal of Economic
Behavior and Organization, March 1996, Vol. 29, No. 2, pp. 233-250.

(P) Cyert, R. M. and Kumar, P., "Economizing by Firms through Learning and Adaptation",
Journal of Economic Behavior and Organization, March 1996, Vol. 29, No. 2, pp. 211-231. (DEH HAS)

Demsetz, H. "The Firm in Economic Theory: A Quiet Revolution", American Economic
Review, May 1997, pp426-429. (DEH HAS)

(P) Goyal, S. and Janssen, M. C. W., "Dynamic Coordination Failures and the Efficiency of
the Firm", Journal of Economic Behavior and Organization, Vol. 28, No. 2, October, 1995. (DEH HAS)

Oughton, C. and Whittam, G., "Competition and Cooperation in the Small Firm Sector",
Scottish Journal of Political Economy, February 1997, Vol. 44, No. 1, pp. 1-30. (DEH HAS)

Sterman, J. "Modeling Managerial Behavior: Misperceptions of Feedback in a Dynamic
Decision Making Experiment", Management Science, Vol. 35, No. 3, 1989, pp. 321-339 (DEH HAS)

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D23 Organizational Behavior-Transaction Costs-Property Rights

Arthur, W. B. and D. Lane. "Information Contagion." Structural Change and Economic
Dynamics, Vol. 4, 1993, pp. 81-104. (AW-ABS)

(P)Banerjee, A. "A Simple Model of Herd Behavior", Quarterly Journal of Economics, Vol. 107, 1992, pp. 797-817. (DEH HAS)

(P)Banerjee, A., "The Economics of Rumors", Review of Economic Studies, Vol. 60, 1993, pp. 309-327. (DEH HAS)

(P)Buckley, P. J. and Chapman, M. "The Perception and Measurement of Transaction
Costs", Cambridge Journal of Economics, March 1997, Vol. 21, No. 2, pp. 127-145.

(P) Carley, K. M., "Comparison of Artificial and Human Organizations", Journal of
Economic Behavior and Organizations, November 1996, Vol. 31, pp. 175-191. (DEH HAS)

(P)De Vany, A. "Information, Chance and Evolution: Alchian and the Economics of Self
Organization", Economic Inquiry, July 1996, Vol. 34, No. 3, pp. 427-443. (DEH-ABS)

De Vany, A., "The Emergence of Evolution of Self-organized Coalitions" in Computational
Economic Systems: Models, Methods, and Econometrics, edited by M. Gilli, New York,
Kluwer Scientific Publishers, 1996, pp. 25-50. (DEH -ABS)

De Vany, A., "Hard Cores, Soft cores, and the Emergence of Self-Organized Coalitions",
Working Paper, University of California, Irvine, California, 1994. (NIL)

Khalil, E. L., "Organizations, Naturalism and Complexity", Review of Social Economy, Fall
1995, Vol. 53, No. 3, pp. 393-419. (ABS)

(P) Westhoff, F. H. ; Yarbrough, B. V.; and Yarbrough, R. M., "Complexity, Organization
and Stuart Kauffman s Origins of Order", Journal of Economic Behavior and Organization, January 1996, Vol. 29, No. 1, pp. 1-25. (New item)

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D24 Production- Capital and Total Factor Productivity-Capacity

Bartelsman, E. J. "Of Empty Boxes; Returns to Scale Revisited", Economic Letters, July
1995, Vol. 49, No. 1, pp. 59-67. (ILL)

Basu, S. and Fernald J.G.; "Returns to Scale in U. S. Production: Estimates and
Implications", Journal of Political Economy, April 1997, Vol. 105, No. 2, pp. 249-283. (MIC 19)

Basu, S. "Comment on "Capacity Utilization and Returns to Scale", NBER Macroeconomics
Annual, MIT Press, 10, 1995, pp. 110-118. (Listed in Catalog but no number given)

Dutta, J. and Prasad, K., "Learning by Observation within the Firm", Journal of Economic
Dynamics and Control, August 1996, Vol. 20, No. 8, pp. 1395-1425. (DEH HAS)

(P) Oulton, N. "Increasing Returns and Externalities in UK Manufacturing: Myth or
Reality?" , Journal of Industrial Economics, March 1996, Vol. 44, No. 1, pp. 99-113. (New item)

Parrinello, S. "Returns to Scale, Externalities and the Choice of Techniques", Manchester
School of Economics and Social Studies, June 1997, Vol. 65, No. 3, pp. 328-341. (NIL)

(P) Wong, K. "Some Implications of Variable Returns to Scale: The Case of Industry
Specific Factors: A Comment" , Canadian Journal of Economics, February 1996, Vol. 29, No. 1, pp. 240-244. (New item)

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D4 Market Structure and Pricing

D40 General

Curie, M. and Kubin, I. "Non-Linearities and Partial Analysis", Economic Letters, July 1995,
Vol. 49, No. 1, pp. 27-31. (ILL)

Hommes, C. and van Eekelen, A., "Partial Equilibrium Analysis in a Noisy Chaotic Market",
Economic Letters, December 1996, Vol. 53, No. 3, pp. 275-282. (ILL)

Hommes C. H., "Adaptive Learning and Roads to Chaos, The Case of the Cobweb",
Economic Letters, Vol. 36, 1991, pp. 127-132. (DEH-ABS)

Jensen, R. and R. Urban, "Chaotic Price Behavior in a Non-linear Cobweb Model",
Economic Letters, Vol. 15, 1984, pp. 235-240. (DEH-ABS)

(P)Nerlove, M. "Adaptive Expectations and Cobweb Phenomena", Quarterly Journal of
Economics, Vol. 72, 1958, pp. 227-240.

(P) Padilla, A. J. "Revisiting Dynamic Duopoly with Consumer Switching Costs", Journal of
Economic Theory, Vol. 67, No. 2, December, 1995.

Vriend, N. J., "Self-Organization of Markets: An Example of a Computational Approach",
Computational Economics, August 1995, Vol 8, No. 3, pp. 205-231. (DEH HAS)

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D41 Market Structure and Pricing

(P) Luo, G. Y., "Evolution and Market Competition", Journal of Economic Theory, October
1995, Vol. 67, No. 1, pp. 223-250.

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D44 Auctions

Andreoni, J. and Miller, J. H., "Auctions with Artificial Adaptive Agents", Games and
Economic Behavior, July 1995, Vol. 10, No. 1, pp. 39-64. (DEH HAS)

Berk, J. B.; Hughson, E. and Vadezande,, K., "The Price is Right, But Are the Bids? An
Investigation of Rational Decision Theory", American Economic Review, September 1996,
Vol. 86, No. 4, pp. 954-970. (MIC 1)

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D46 Value Theory

(P)Hart, N., "Marshall's Theory of Value: The Role of External Economies", Cambridge
Journal of Economics, May 1996, Vol. 20, No. 3, pp. 353-369. (DEH HAS)

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D5 General equilibrium

(P)Azariades, C. "Self-fulfilling Prophecies", Journal of Economic Theory, Vol. 25, 1981, pp, 380-396.

Bardhan, I. and Chao, X., "Stochastic Multi-agent Equilibria in Economies with Jump-
Diffusion Uncertainty", Journal of Economic Dynamics and Control, January-March 1996,
Vol. 20, No. 2, pp. 361-384. (NIL)

(P)Benhabib, J. and Nishimura, K. "Competitive Equilibrium Cycles", Journal of Economic
Theory, Vol. 35, 1985. pp. 284-306.

Boldrin, M., Dynamic Complexities of Intertemporal Competitive Equilibria, Oxford University, Press, London, 1989. (NIL)

(P) Cass, D. and Shell, K., "The Structure and Stability of Competitive Dynamical Systems",
Journal of Economic Theory, Vol. 12, 1976, pp. 31-70.

Day, R. H., "Rationality, Entrepreneurship and Institutional Evolution", Revue Econ.
November, 1995, Vol. 46, No. 6, pp. 1473-1485. (DEH HAS)

Goenika, A. and Shell, K., "When Sunspots Don't Matter", Economic Theory, January 1997, pp. 197-178. (?)

Keisler, H. J., "Getting to a Competitive Equilibrium", Econometrica, Vol. 64, No. 1,
January, 1996. (MIC360)

(P) Peters, M. "Decentralized Markets and Endogenous Institutions", Canadian Journal of
Economics, May 1995, Vol. 28, No. 2, pp. 227-260.

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D51 Exchange and Production Economies

Goeree, J.K.; Hommes, C. H. and Weddepohl, C. "Stability and Complex Dynamics in a Discrete Tatonnement Model," Journal of Economic Behavior and Organization, Special Issue, January 1998, Vol. 33, No. 3-4, pp. 395-410.

(P) Shannon, C. "Increasing Returns in Infinite-Horizon Economics", Review of Economic
Studies, January 1997, Vol. 64, No. 1, pp. 73-96.

(P) Suzuki, T., "Intertemporal General Equilibrium Model with External Increasing
Returns", Journal of Economic Theory, April 1996, Vol. 69, No. 1, pp. 117-133.

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D6 Economic Welfare

Friedman, E. J. and Oren, S. S., "The Complexity of Resource Allocation and Price
Mechanisms Under Bounded Rationality", Economic Theory, July, 1995, Vol6, No. 2, pp.
225-250. (DEH HAS)

Mirrilees, J. A., "Welfare Economics and Economies of Scale", Japanese Economic Review,
March 1995, Vol. 46, No. 1, pp. 38-62. (ILL)

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D64 Altruism

Bester, H. and Gueth, W., "Is Altruism Evolutionary Stable?" Journal of Economic Behavior and Organization, February 1998, Vol. 34, No. 2, pp. 193-209.

Eshel, I.; Samuelson, L. and Shaked, A., "Altruists, Egoists, and Hooligans in a Local Interaction Model," American Economic Review, March 1998, Vol. 88, No. 1, pp. 157-79.

Jones, P. R.; Cullis, J.G. and Lewis, A., "Public versus Private Provision of Altruism: Can Fiscal Policy Make Individuals 'Better' People?" Kyklos, 1998, Vol. 51, No. 1, pp. 3-24.

Wigger, B.U. "Two-Sided Altruism, the Samaritan's Dilemma, and Universal Compulsory Insurance," Public Finance, 1996, Vol. 51, No. 2, pp. 275-90.

 

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D8 Information and Uncertainty

Maier, Gunther, Spatial Search: Structure, Complexity and Implications, Studies in
Contemporary Economics, Heidelberg: Physica, 1995. (ABS)

Maier, Gunther, Regions Reconsidered: Economic Networks etc. (HT388 .R455 1991)

Rubinstein, Ariel, Modeling Bounded Rationality, Cambridge and London: MIT Press, 1998. (HD30.23 .R83 1998)

Viale, Riccardo, ed. Cognitive Economics, LaSCoMes Series, Vol. 1, Torino: La Rosa, 1997. (NIL)

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D81 Criteria for Decision-Making Under Risk and Uncertainty

Muthoo, A., "Rationality, Learning and Social Norms", Economic Journal, September 1996,
Vol. 106, No. 438, pp. 1357-1359. (DEH HAS)

Robson, A. J., "The Evolution of Attitudes to Risk: Lottery Tickets and Relative Wealth",
Games and Economic Behavior, June 1996, Vol. 14, No. 2, pp. 190-207. (DEH HAS)

Sethi, Rajiv. "The Evolutionary Dynamics of Financial Markets Practices", Metroeconomica,
October 1995, Vol. 46, No. 3, pp. 246-277. (DEH HAS)

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D82 Assymetric and Private Information

(P)Ortman, A. and Colander, D. "Teaching Tools: A Simple Principal-Agent Experiment for
the Classroom", Economic Inquiry, April 1997, Vol. 35, No. 2, pp. 443-450. DEH HAS

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D83 Search, Learning and Information

An, M. and N. Kiefer. "Local Externalities and Societal Adoption of Technologies", Journal
of Evolutionary Economics, Vol. 5, 1995, pp. 103-117. (DEH HAS)

Anderlini, L. and Ianni, A., "Path Dependence and Learning from Neighbors", Games and
Economic Behavior, April 1996, Vol. 13, No. 2, pp. 141-177. (DEH HAS)

Arthur, W. Brian, "Nash-Discovering Automata for Finite-Action Games", Mimeo, Santa Fe
Institute, 1989. (NIL)

Arthur, W. Brian,"A Learning Algorithm that Mimics Human Learning", Santa Fe Institute
Working Paper 90-026, 1990. (NIL)

Arthur, W. Brian,"On Learning and Adaptation in the Economy", Santa Fe Institute
Working Paper 92-07-038, 1992. (NIL)

Bergemann, D. and Valimaki, J., "Learning and Strategic Pricing", Econometrica, September
1996, Vol. 64, No. 5, pp. 1125-1149. (MIC 360)

Bikhchandani, S. and Sharma, S., "Optimal Search with Learning", Journal of Economic
Dynamics and Control, Vol. 20, No. 1-3, Jan-March 1996. (NIL)

Blume, Lawrence, "Rational Expectations and Rational Learning", Mimeo, Cornell
University, June 1992. (NIL)

Blume, Lawrence E., "The Statistical Mechanics of Strategic Interaction", Games and
Economic Behavior, Vol. 5, 1993, pp. 387-426.

(P) Blume, Lawrence and D. Easley. "Learning to Be Rational", Journal of Economic Theory, Vol. 26, 1982, pp. 340-351 (DEH HAS)

(P) Blume, Lawrence and D. Easley. "Evolution and Market Behavior", Journal of Economic
Theory, Vol. 58, 1990, pp. 9-40. (DEH HAS)

Borgers, T., "On the Relevance of Learning and Evolution to Economic Theory", Economic
Journal, September 1996, Vol. 106, No. 438, pp. 1374-1385. (DEH HAS)

Brown, P. M. "Learning from Experience, Reference Points and Decision Costs", Journal of
Econ. Behav., August 1995, Vol. 27, No. 3, pp. 381-399. (ILL)

Bullard, James, and John Duffy, "Learning in a Large Square Economy", Mimeo, Federal
Reserve Bank of St. Louis, March 1993. (NIL)

(P)Chamley, Christophe, "Externalities and Dynamics in Models of Learning or Doing ",
International Economic Review, Vol. 34, 1993, pp. 583-609. (DEH HAS)

El-Gamal, Mahmoud A., and Sundaram, R. K., "Bayesian Economists...Baysian Agents: An
Alternative Approach to Optimal Learning", Journal of Economic Dynamics and Control,
Vol. 17, pp. 355-383. (NIL)

Ellison, Glenn and Drew Fudenberg, "Rules of Thumb for Social Learning", Journal of
Political Economy, Vol. 101, 1993, pp. 612-643. (DEH HAS)

Ellison, Glenn, "Learning, Local Interaction, and Coordination." Econometrica, Vol 61, No.
5, 1993, pp 1047-1071. (MIC 360) (DEH HAS)

(P)Ellison, Glenn, and D. Fudenberg, "Word of Mouth Communication and Social
Learning", Quarterly Journal of Economics, Vol. 110, 1995, pp. 93-125. (DEH HAS)

Elster, Jon, "Social Norms and Economic Theory", Journal of Economic Perspectives, Fall
1989, Vol. 3, No. 4, pp. 99-117. (DEH HAS)

Evans, George and Honkapohja, Seppo, "Learning Convergence and Stability with Multiple
Rational Expectations Equilibria, Working Paper, London School of Economics and Political
Science, 1990.(NIL)

Evans, George,and Seppo Honkapohja, "Learning and Economic Fluctuations: Using Fiscal
Policy to Steer Expectations", European Economic Review, Vol 37, pp. 595-602, 1993. (DEH HAS)

Feldman, M. and Spagat, M., "Optimal Learning with Costly Adjustment", Economic Theory, November 1995, Vol. 6, No. 3, pp. 439-451. (?)

Fourgeaud, C., Gourieroux, C. and Pradel, J., "Learning Procedure and Convergence to
Rationality", Econometrica, Vol. 54, pp. 945-868, 1986. (MIC 360)

(P)Fudenberg, Drew and J. Tirole, "Learning by Doing and Market Performance", Bell
Journal of Economics, 1983, Vol. 14, pp. 522-530. (DEH HAS)

Fudenberg, Drew and Kreps, David M., "Learning, Experimentation, and Equilibrium in
Games", mimeo, MIT, 1988. (NIL)

Herrnstein, Richard J. and Prelec Drazin, "Meliorization: A Theory of Distributed Choice",
Journal of Economic Perspectives, Summer 1991, Vol. 5, No. 3, pp. 137-156. (DEH HAS)

Kirman, Alan and Salmon, Mark, (eds.), Learning and Rationality in Economics, Basil
Blackwell, Oxford, 1993 (DEH HAS)

(P) Kirman, Alan, "Ants, Rationality and Recruitment", Quarterly Journal of Economics, Vol.
108, 1993, pp. 137-156. (DEH HAS)

(P) Kirman, Alan "Whom or What Does the Representative Individual Represent?", Journal
of Economic Perspectives, Vol 6, No. 2, 1992, pp. 117-136. (DEH HAS)

(P) Lee, I. "On the Convergence of Informational Cascades", Journal of Economic Theory,
Vol. 61, 1993, pp. 395-411.

Milgrom, Paul and Roberts, John, "Adaptive and Sophisticated Learning in Repeated
Normal Form Games," Games and Economic Behavior, February, 1991. (NIL)

(P) Moore, Bartholemew J., "Least Squares Learning and the Stability of Equilibria with
Externalities", Review of Economic Studies, Vol. 60, pp. 197-208.

Narduzzo, A. and M. Wagglien, "Learning from the Experience of Others: An Experiment
in Information Contagion" Industrial and Corporate Change, vol. 5, 1996, pp. 113-126.(DEH HAS)

Nyarko, Yaw and Olson, Lars, "Optimal Growth with Unobservable Resources and
Learning", Mimeo, New York University, 1991. (NIL)

(P)Spence, A. Michael, "The Learning Curve and Competition", 1981, Bell Journal of
Economics, Vol.12, pp.49-70. (DEH HAS)

Stahl, D. O., "Boundedly Rational Rule Learning in a Guessing Game", Games and
Economic Behavior, October 1996, Vol. 16, No. 2, pp. 303-330. (DEH HAS)

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D84 Expectations - Speculations

(P) Sent, E.-M., "Sargent versus Simon: Bounded Rationality Unbound", Cambridge Journal
of Economics, May 1997, Vol. 21, No. 3, pp. 323-338 (new item)

 

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