The twenty-nine papers selected for this volume cover topics in cooperative and noncooperative games, social choice and welfare, bargaining, matchings, auctions, mechanism design, general equilibrium, general equilibrium with finance, industrial organization, macroeconomics, and experimental...

The volume contains the proceedings of a conference in ma- thematical economics held at the California Institute of Technology, April 16-20, 1990.The theme of the conference was to explore the functional analytic techniques (and in particular the theory of Riesz spaces and positive opera- tors)...

Price Dynamics, Social Choice, Voting Methods, Probability and Chaos -- Pareto Optima and Equilibria: The Finite Dimensional Case -- The Optimality of Regulated Pricing: A General Equilibrium Analysis -- Value Allocations: An Exposition -- On Extensions of the Cournot-Nash Theorem -- Thick and...

We study an infinite-horizon economy with two basic frictions that are typical in monetary models. First, agents' trading paths cross at most once due to pairwise trade and other meeting obstacles. Second, actions must be compatible with individual incentives due to commitment and enforcement...