Advances in Economics and Econometrics: Theory and Applications

Advances in Economics and Econometrics: Theory and Applications

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These books comprise papers examining the latest developments in economic theory, applied economics and econometrics presented at the Seventh World Congress of the Econometric Society in Tokyo in August 1995. The topics were carefully selected to represent the most active fields in the discipline over the past five years. Written by the leading authorities in their fields, eac h paper provides a unique survey of the current state of knowledge in economics. Designed to make the material accessible to a general audience of economists, these volumes should be helpul to anyone with a good undergraduate training in economics who wishes to follow new ideas and tendencies in the subject.1n 1992, Sears abolished the commission plan in its auto-repair shops, which paid mechanics based on the profits from repairs authorized by customers. Mechanics misled customers into authorizing unnecessary repairs, leading Californiaanbsp;...

Title:Advances in Economics and Econometrics: Theory and Applications
Author: David M. Kreps, Econometric Society. World Congress, Kenneth F. Wallis
Publisher:Cambridge University Press - 1997-02-20

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