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Look Inside Frontiers of Research in Economic Theory

Frontiers of Research in Economic Theory
The Nancy L. Schwartz Memorial Lectures, 1983–1997


Part of Econometric Society Monographs

M. I. Kamien, Hugo Sonnenschein, Andreu Mas-Colell, Menahem E. Yaari, Robert J. Aumann, Robert E. Lucas, Jr, Truman F. Bewley, Reinhard Selten, Vernon L. Smith, Gary S. Becker, Peter A. Diamond, Robert B. Wilson, Roy Radner, Nancy L. Stokey, David M. Kreps
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  • Date Published: December 1998
  • availability: Available
  • format: Hardback
  • isbn: 9780521632225

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About the Authors
  • 'Leading economists presenting fundamentally important issues in economic theory' is the theme of the Nancy Schwartz lectures series held annually at the J. L. Kellogg Graduate School of Management of Northwestern University. Reporting on lectures delivered in the years 1983 through 1997, this collection of essays discusses economic behavior at the individual and group level and the implications to the performance of economic systems. Using non-technical language, the speakers present theoretical, experimental, and empirical analysis of decision making under uncertainty and under full and bounded rationality, the influence of economic incentives and habits, and the effects of learning and evolution on dynamic choice. Perfect competition, economic development, social insurance and social mobility, and negotiation and economic survival, are major economic subjects analyzed through our understanding of economic behavior.

    • Accessible article length treatments of major themes in economic theory of the past 15 years, for upper level undergraduates and above
    • Contributors are world class, including Nobel Prize winners R. Selten, R. Lucas, G. Becker, as well as University of Chicago President H. Sonnenschein, R. Aumann, A. Mas-Collel, V. Smith, P. Diamond, and D. Kreps
    • Includes topics such as dynamic choice theory, perfect competition, social insurance, social mobility, and learning theory
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    Product details

    • Date Published: December 1998
    • format: Hardback
    • isbn: 9780521632225
    • length: 302 pages
    • dimensions: 235 x 156 x 20 mm
    • weight: 0.54kg
    • contains: 41 b/w illus. 6 tables
    • availability: Available
  • Table of Contents

    Editors' foreword
    The Schwartz Lectures
    Nancy Lou Schwartz M. I. Kamien
    Publications of Nancy L. Schwartz
    The Lectures:
    1983. The economics of incentives: an introductory account Hugo Sonnenschein
    1984. On the theory of perfect competition Andreu Mas-Colell
    1985. On the role of 'Dutch books' in the theory of choice under risk Menahem E. Yaari
    1986. Rationality and bounded rationality Robert J. Aumann
    1987. On the mechanics of economic development Robert E. Lucas, Jr
    1988. Knightian uncertainty Truman F. Bewley
    1989. Evolution, learning, and economic behavior Reinhard Selten
    1990. Experimental economics: behavioral lessons for microeconomic theory and policy Vernon L. Smith
    1991. Habits, addictions, and traditions Gary S. Becker
    1993. Issues in social insurance Peter A. Diamond
    1994. Negotiation with private information: litigation and strikes Robert B. Wilson
    1995. Economic survival Roy Radner
    1996. Shirtsleeves to shirtsleeves: the economics of social mobility Nancy L. Stokey
    1997. Anticipated utility and dynamic choice David M. Kreps.

  • Editors

    Donald P. Jacobs, Northwestern University, Illinois

    Ehud Kalai, Northwestern University, Illinois

    Morton I. Kamien, Northwestern University, Illinois

    Nancy L. Schwartz


    M. I. Kamien, Hugo Sonnenschein, Andreu Mas-Colell, Menahem E. Yaari, Robert J. Aumann, Robert E. Lucas, Jr, Truman F. Bewley, Reinhard Selten, Vernon L. Smith, Gary S. Becker, Peter A. Diamond, Robert B. Wilson, Roy Radner, Nancy L. Stokey, David M. Kreps

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