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There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.
Microeconomics --- Decision Making --- Uncertainty --- Organization --- Mathematical models --- Business, Economy and Management --- Economics --- Decision Making - Mathematical models --- Uncertainty - Mathematical models --- Organization - Mathematical models --- Decision making --- Mathematical models. --- Organisation --- Management
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fysicochemie --- Electrochemistry --- -Organization --- -Organisation --- Organization theory --- Decision Making --- Organization --- Mathematical models --- Decision making --- Mathematical models. --- Organisation --- Management --- Decision Making - Mathematical models --- Organization - Mathematical models
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Industrial organization --- Organization --- Mathematical models --- 65.01 --- -Organization --- -Organisation --- Management --- Industries --- Industrial concentration --- Industrial management --- Industrial sociology --- Methods and methodology. Theory and practice of organization --- -Methods and methodology. Theory and practice of organization --- 65.01 Methods and methodology. Theory and practice of organization --- -65.01 Methods and methodology. Theory and practice of organization --- Organisation --- Industrial organization - Mathematical models --- Organization - Mathematical models
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Industrial organization (Economic theory) --- Economie industrielle --- Mathematical models --- Modèles mathématiques --- Industrial organization --- Business enterprises --- Corporations --- industrial relations --- Game theory --- Modèles mathématiques --- Industrial relations --- Industrial organization - Mathematical models --- Business enterprises - Mathematical models --- Corporations - Mathematical models --- Industrial relations - Mathematical models
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Methodology of economics --- Decision making --- Organization --- Economics, Mathematical --- Prise de décision --- Mathématiques économiques --- Mathematical models --- Modèles mathématiques --- Decision Making --- 330.1 --- -Decision making --- -519.2 --- 519.8 --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Organisation --- Economics --- Mathematical economics --- Econometrics --- Mathematics --- Economische grondbegrippen. Algemene begrippen in de economie --- Probability. Mathematical statistics --- Operational research --- Methodology --- Economics, Mathematical. --- Mathematical models. --- 519.8 Operational research --- 519.2 Probability. Mathematical statistics --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie --- Prise de décision --- Mathématiques économiques --- Modèles mathématiques --- 519.2 --- Decision Making - Mathematical models --- Decision Making - Mathematical models - Adresses, essays, lectures --- Economics, Mathematical - Addresses, essays, lectures --- Organization - Mathematical models --- Organization - Mathematical models - Addresses, essays, lectures
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Communication in organizations --- Decentralization in management --- Line and staff organization --- -Industrial organization --- Mathematical models --- 658.11 --- 65.012.4 --- -Decentralization in management --- -Line and staff organization --- -Line-staff organization --- Staff and line organization --- Delegation of authority --- Management --- Organization --- Industries --- Industrial concentration --- Industrial management --- Industrial sociology --- Centralization in management --- Organizational communication --- Kinds and forms of enterprise --- Management. Directorate. Technique and methods of management --- -Kinds and forms of enterprise --- 65.012.4 Management. Directorate. Technique and methods of management --- 658.11 Kinds and forms of enterprise --- -65.012.4 Management. Directorate. Technique and methods of management --- Line-staff organization --- Industrial organization --- Communication in organizations - Mathematical models --- Decentralization in management - Mathematical models --- Line and staff organization - Mathematical models --- Industrial organization - Mathematical models
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Mathematical statistics --- Decision making --- Prise de décision --- Decision Making --- Organization --- Mathematical models --- 330.105 --- 519.8 --- 65.01 --- Wiskundige economie. Wiskundige methoden in de economie --- Operational research --- Methods and methodology. Theory and practice of organization --- Festschrift - Libri Amicorum --- 65.01 Methods and methodology. Theory and practice of organization --- 519.8 Operational research --- 330.105 Wiskundige economie. Wiskundige methoden in de economie --- Prise de décision --- Decision Making - Mathematical models --- Organization - Mathematical models
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Sociology of organization --- Sociology of work --- Personnel management --- Organizational sociology --- Organization --- Job vacancies --- Labor mobility --- Social sciences --- Mathematical models --- -Organizational sociology --- -65.01 --- Behavioral sciences --- Human sciences --- Sciences, Social --- Social science --- Social studies --- Civilization --- Organization (Sociology) --- Organization theory --- Sociology of organizations --- Sociology --- Bureaucracy --- Organisation --- Management --- Mobility, Labor --- Migration, Internal --- Labor supply --- Labor turnover --- Employment opportunities --- Job openings --- Employment (Economic theory) --- Employment agencies --- Unemployed --- Methods and methodology. Theory and practice of organization --- 65.01 Methods and methodology. Theory and practice of organization --- 65.01 --- Organization - Mathematical models --- Social sciences - Mathematical models
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Economic theory is growing not only in depth but in the breadth of its application as well. This study encroaches in part on a field normally considered as the domain of Sociology. But the methods applied here are those of mathematical economics. It has not been my ambition to make this as general and as mathe matically demanding as possible. On the contrary, I wanted to present as simple an argument as possible throughout. I wish to thank Brown University for granting me a Sabbatical leave in the Fall of 1977-78 in the course of which I wrote the first draft of this monograph. I am also grateful to the late Professor Jacob Marschak and to Professor Arthur Geoffrion for sponsoring me as a Visiting Scholar of the Western Management Science Institute, Graduate School of Management, UCLA for the months of November and December 1977. The Western Management Science Institute proved to be an ideal environment for writing: protective and stimulating at the same time. I have benefitted specifically from comments received as a result of presenting Chapters IV and V in the Marschak Colloquium on December 2, 1977, in particular by Professors Intri11igator and Spiro. My greatest indebtedness is to Jacob Marschak to whom I owe my awareness of and interest in the economic theory of organizations. He was my teacher, my director and supervisor, and my fatherly friend since 1950. It is thus entirely fitting that this work should be dedicated to his memory.
Social stratification --- Personnel management --- Organization --- Industrial sociology --- Social status --- Mathematical models --- 330.105 --- 65.01 --- 658.3 --- Wiskundige economie. Wiskundige methoden in de economie --- Methods and methodology. Theory and practice of organization --- Personnel. Human factor. Human relations (Staff relations. Personal or interpersonal relations). Working atmosphere --- Business & Economics --- Economic Theory --- 658.3 Personnel. Human factor. Human relations (Staff relations. Personal or interpersonal relations). Working atmosphere --- 65.01 Methods and methodology. Theory and practice of organization --- 330.105 Wiskundige economie. Wiskundige methoden in de economie --- Organization - Mathematical models --- Industrial sociology - Mathematical models --- Social status - Mathematical models
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