数理経済学特論(II)
講師 市石 達郎
(1) 秋学期2単位・講義および演習
(2) Analytical theory of the firm with its game-theoretical foundations.
(3) The modern economy embodies two major resource allocation mechanisms: the market mechanism, sometimes called the price mecha-nism, and a mechanism instituted by an organi-zation of people called a firm. Study of the for-mer mechanism has been the central theme of the neoclassical paradigm, which may be viewed as a specific instance of the nonco-operative game theory. Study of the latter mechanism as formulated in this course ex-tends earlier works in the transaction cost the-ory and the economics of internal organization, and is based upon strategic cooperative game theory, in particular, cooperative extensions of the noncooperative game. This course dis-cusses some recent developments of economic analyses of the two mechanisms, as well as their game theoretical foundations.
The course is divided into four parts: The first part is preliminary, and presents some ele-ments of the traditional theory of the firm and the neoclassical theory of the market mecha-nism. The second part systematically develops the descriptive cooperative game theory. The third part constructs and studies a general equilibrium model which formulates simultane-ous operations of the market mechanism and the firm-specific nonmarket mechanism. The final part discusses the ongoing research in strategic cooperative game theory with asym-metric information. Parts IIIIare based on lectures, and part IVis based on students’ pres-entation of assigned papers.
(4) Text:
Tatsuro Ichiishi, The Cooperative Na-ture of the Firm, Cambridge, U.K.: Cambridge University Press, 1993.
Supplementary text (optional ):
Tatsuro Ichi-ishi, Game Theory for Economic Analysis, New York: Academic Press, 1983.
(5) Students are assigned to present several re-cent papers in class, published or unpublished. These papers will be distributed in class.
講義一覧へ