Frontiers of Research in Economic Theory: The Nancy L. Schwartz Memorial Lectures, 1983–1997 (Econometric Society Monographs, Series Number 29)

"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 book discusses economic behavior at the individual and group level and the implications to the performance of economic systems. The lectures are delivered at a nontechnical level to benefit the newcomers, yet the overview of the distinguished lecturers is beneficial to seasoned researchers. '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 This book discusses economic behavior at the individual and group level and the implications to the performance of economic systems. The lectures are delivered in a non-technical level to benefit the newcomers, yet the overview of the distinguished lecturers is beneficial to seasoned researchers. Edited By Donald P. Jacobs, Ehud Kalai, Morton I. Kamien. Include[s] The Lectures Previously Published By The Kellogg School In Pamphlet Form Between 1983 And 1991, And Again Between 1993 And 1997, In The Econometric Society Monograph Series--p. [ix]. Includes Bibliographical References. I am honored to have been asked to present the first Nancy L. Schwartz Memorial Lecture.