Essays in Honor of Kenneth J. Arrow: Volume 3, Uncertainty, Information, and Communication

Part I. Uncertainty: 1. Negotiation in games: a theoretical overview Roger B. Myerson; 2. Repeated moral hazard with low discount rates Roy Radner; 3. Existence, regularity, and constrained suboptimality of competitive allocations when the asset market is incomplete John D. Geanakoplos and Heraklis M. Polemarchakis; 4. Asset pricing theories Michael Rothschild; 5. Independence versus dominance in personal probability axioms Thomas Marschak; 6. Univariate and multivariate comparisons of risk aversion: a new approach Menahem E. Yaari; Part II. Information, Communication and Organisation: 7. The cost of communication in economic organisation: II Hajime Oniki; 8. Assembling efficient organisations? W. M. Gorman; 9. Optimal Bayesian mechanisms Eric S. Maskin; 10. Incentive theory with data compression Jerry R. Green and Jean-Jacques Laffont; 11. Alternative limited communication systems: centralisation versus interchange of information Jerry R. Green and Jean-Jacques Laffont.