Information is now a key issue in decision making in economics and business. Knowledge is a vital resource which confers strategic advantages on those that possess it, and provides the possibility of misuse and abuse with increasingly dangerous economic consequences. This new text is designed to take undergraduate and graduate students through the key issues and theoretical background to give an understanding of the impact of imperfect and asymmetric in an economic context. At each stage the text analyses and explains the ...
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Information is now a key issue in decision making in economics and business. Knowledge is a vital resource which confers strategic advantages on those that possess it, and provides the possibility of misuse and abuse with increasingly dangerous economic consequences. This new text is designed to take undergraduate and graduate students through the key issues and theoretical background to give an understanding of the impact of imperfect and asymmetric in an economic context. At each stage the text analyses and explains the information problem using clear models that set the outcome under imperfect information against that under full information. The Economics of Information is divided into 4 major sections, covering adverse selection problems under private information, the role of signaling mechanisms, moral hazard, and transaction mechanisms under imperfect information -- and reviews experimental studies that test the predictions of theory.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 500grams, ISBN: 9780631206668.
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Seller's Description:
Very Good. 6" x 9" Pages clean; binding tight; very minor wear to covers. 262 pages. "Provides an understanding of the impact of imperfect and asymmetric information in an economic context."
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
