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Your search for "Vickrey, W." over the article keywords returned 9 results.

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1. Vickrey, William Spencer (1914–1996)

William Spencer Vickrey was awarded the 1996 Nobel Prize in Economics ‘for his fundamental contributions to the economic theory of incentives under asymmetric ...

By Richard Arnott. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. merit goods

The term ‘merit goods’ has no generally agreed application. It is best applied where individual choice is restrained by community values. It may apply ...

By Richard A. Musgrave. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. auctions (theory)

Auction theory has undergone two waves of innovation. The first, which originated with Vickrey (1961) and was completed in the early 1980s, focused on ...

By Lawrence M. Ausubel. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. George, Henry (1839–1897)

Henry George was by turns sailor, prospector, printer, reporter, San Francisco newspaper editor and publisher, orator and political activist before closeting ...

By Mason Gaffney. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. altruism, history of the concept

This article describes the incorporation from the early 1960s of seemingly unselfish behaviour into economics. Faced with the problem of accounting for ...

By Philippe Fontaine. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. marginal and average cost pricing

Under perfect competition, marginal cost and average cost of a product are equal to each other and to its price, an arrangement that is Pareto-optimal ...

By William Vickrey. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. experimental methods in economics

In the mid-20th century economists became involved in the design and conduct of laboratory experiments to examine propositions implied by economic theory. ...

By Vernon L. Smith. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. exchange

Economic studies of exchange examine processes in which agents obtain gains from trade, e.g. bilateral bargaining and contracting, auctions, and multilateral ...

By Robert B. Wilson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. Edgeworth, Francis Ysidro (1845–1926)

Edgeworth was a major figure in the development of neoclassical economics, and one of its most original theorists, making a wide range of lasting contributions. ...

By John Creedy. From The New Palgrave Dictionary of Economics, Second Edition, 2008