About the Wilson Festschrift
May 2002

Over a long and successful career, Bob Wilson has made many important contributions to economic theory. And indirectly, as a devoted and influential mentor to generations of students at Stanford, he has made additional important contributions to economics. In honor of his 65th birthday, this festschrift contains many of these latter contributions, by his students. These include some of the most influential economics articles of the past 30 years, along with specially written prefaces that explain the origins of these articles and Wilson's influence on them. This volume is, thus, of interest to anyone seeking to understand the course of game theory and related topics over the past 30 years through some of the most important papers written by the students of the leading applied game theorist of the 20th century.

EDITORS

Bengt Holmstrom, Massachusetts Institute of Technology
Paul Milgrom, Stanford University
Alvin E. Roth, Harvard University

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Introduction to "Game Theory in the Tradition of Bob Wilson", Bengt Holmstrom, Paul Milgrom, and Alvin E. Roth

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Tribute to Robert Wilson on his 65th Birthday, Howard Raiffa

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Bob Wilson, My Thesis Advisor, Avraham Beja

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The Structure of the Cost of Capital under Uncertainty, Avraham Beja

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Preface, Robert W. Rosenthal

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Cooperative Games in Effectiveness Form, Robert W. Rosenthal

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Introducton to a Paper Inspired by Bob Wilson, Well-known Optimization Theorist, L. Peter Jennergren

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On the Role of a Money Commodity in a Trading Process, L. Peter Jennergren

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Foreword to Ponssard's "Forward Induction and Sunk Costs Give Average Cost Pricing", Jean-Pierre Ponssard

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Forward Induction and Sunk Costs Give Average Cost Pricing, Jean-Pierre Ponssard

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Foreword to "Incentives and Incomplete Information", Claude d'Aspremont

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Incentives and Incomplete Information, Claude d'Aspremont and Louis-André Gérard-Varet

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Preface: Background of the Ekern-Wilson Article, Steinar Ekern

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On the Theory of the Firm in an Economy with Incomplete Markets, Steinar Ekern and Robert Wilson

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Preface to "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design", Alvin E. Roth

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The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design, Alvin E. Roth and Elliott Peranson

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Preface to Kobayashi Article, Takao Kobayashi

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Equilibrium Contracts for Syndicates with Differential Information, Takao Kobayashi

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Introductory Essay to "Groves Scheme on Restricted Domains", Bengt Holmstrom

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Groves Scheme on Restricted Domains, Bengt Holmstrom

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Commentary on "Rational Expectations, Information Acquisition, and Competitive Bidding", Paul Milgrom

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Rational Expectations, Information Acquisition, and Competitive Bidding, Paul Milgrom

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Cournot Competition in a Differentiated Oligopoly, Sridhar Moorthy

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Introduction to Chapter, Peter Cramton

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Strikes and Holdouts in Wage Bargaining, Peter Cramton and Joseph S. Tracy

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Introductory Essay, Sushil Bikhchandani

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Reputation in Repeated Second-Price Auctions, Sushil Bikhchandani

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Letter to Bob Wilson, Jozsef Sakovics

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Games of Incomplete Information without Common Knowledge Priors, Jozsef Sakovics

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Preface to Kambe Article, Shinsuke Kambe

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Bargaining with Imperfect Commitment, Shinsuke Kambe

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Preface: Background of the Avery Article, Christopher Avery

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Strategic Jump Bidding in English Auctions, Christopher Avery

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Preface to "Heirarchies of Beliefs and Interactive Epistemology in Dynamic Games", Marciano Siniscalchi

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Heirarchies of Beliefs and Interactive Epistemology in Dynamic Games, Pierpaolo Battigalli and Marciano Siniscalchi

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Preface to Weyers, Sonia Weyers

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Uncertainty and Insurance in Strategic Market Games, Sonia Weyers

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Preface to "Bargaining over Risky Assets", Muhamet Yildiz

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Bargaining over Risky Assets, Muhamet Yildiz