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Operations Research and Economic Theory

Essays in Honor of Martin J. Beckmann

  • Book
  • © 1984

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Editors:
  1. H. Hauptmann

    1. Hochschule der Bundeswehr Hamburg, Hamburg 70, Germany

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  2. W. Krelle

    1. Institut für Gesellschafts- und Wirtschaftswissenschaften, Universität Bonn, Bonn, Germany

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  3. K. C. Mosler

    1. Hochschule der Bundeswehr Hamburg, Hamburg 70, Germany

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Table of contents (28 chapters)

  1. Front Matter

    Pages I-XI
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  2. Economic Theory

    1. Front Matter

      Pages 1-1
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    2. Macroeconomic Models

      1. Investment in Inventory
        • Horst Albach
        Pages 3-13
      2. Tatonnement Processes with Set-Valued Excess-Demand
        • Rudolf Henn, Peter Kischka
        Pages 15-22
      3. De Minimis Non Curat Praetor or: There Might be Small Disadvantages in Foreign Trade. Don’t Mind Them!
        • Wilhelm Krelle
        Pages 23-34
      4. Hidden Symmetries: Lie Groups and Economic Conservation Laws
        • Ryuzo Sato, Takayuki Nôno, Fumitake Mimura
        Pages 35-54

    3. Production and Price Theory

      1. Sequences of Mechanistic Price Indices
        • Wolfgang Eichhorn, Andreas Pfingsten
        Pages 57-64
      2. A Logical Foundation of the Cost of Living Index
        • Susanne Fuchs-Seliger
        Pages 65-74
      3. On the Construction of Utility Functions Which Correspond to Homogeneous Demand Systems
        • Diethard Pallaschke
        Pages 75-81

    4. Game Theoretic Models

      1. Are Cartel Laws Bad for Business?
        • Reinhard Selten
        Pages 85-117
      2. On the Value of Market Information and Rational Expectations
        • Martin Shubik
        Pages 119-134

  3. Stochastics and Decision Theory

    1. Front Matter

      Pages 181-181
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    2. Reduction of State Space in Dynamic Programming with Integrated Forecasting

      • Dieter Bartmann
      Pages 183-193

    3. The Foundations of Probability

      • Arnold M. Faden
      Pages 195-213

    4. An Optimization Problem in Assemblage Systems

      • Franz Ferschl
      Pages 215-230

    5. Optimal Replacement under Differing Amounts of Information

      • Karl-Walter Gaede
      Pages 231-242
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Keywords

About this book

Martin Beckmann is going to celebrate his sixtieth birthday. This is almost unbelievable considering the vitality, ingenuity, and activity which he continues to show as he always did. It is an honor­ able and pleasant duty for the whole economics community to show hirn the respect, gratitude, and affection which he deserves. Thus, those' who have contributed to this festschrift may be thought of as a dele­ gation from a much larger community in which all of us are joined; the editors in particular feel deeply connected with and enriched by the personality and scientific work of Martin Beckmann. Martin Beckmann is one of those rare scholars who are not narrow­ minded specialists in one field; he has been active in many areas of economics and operations research which rapidly developed since World War 11, and he has contributed original and fruitful ideas in almost all of them. The variety of topics treated in this volume aims to re­ flect the impressive width of his scientific interests.

Editors and Affiliations

  • Hochschule der Bundeswehr Hamburg, Hamburg 70, Germany

    H. Hauptmann, K. C. Mosler

  • Institut für Gesellschafts- und Wirtschaftswissenschaften, Universität Bonn, Bonn, Germany

    W. Krelle

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