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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Add this copy of The Economics of Information: Lying and Cheating in to cart. $76.47, new condition, Sold by GridFreed rated 5.0 out of 5 stars, ships from North Las Vegas, NV, UNITED STATES, published 1997 by Wiley-Blackwell.
Add this copy of The Economics of Information: Lying and Cheating in to cart. $83.13, new condition, Sold by Kennys.ie rated 4.0 out of 5 stars, ships from Galway, IRELAND.
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New. Information is a key issue in decision making in economics and business. Being 'in the know' confers strategic advantages to people, allowing them to lie and/or cheat on their uninformed opponents. This text is designed to take students through key issues to give an understanding of the impact of imperfect and information in an economic context. Num Pages: 272 pages, 0. BIC Classification: GPF; KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 153 x 231 x 17. Weight in Grams: 414. 1997. 1st Edition. Paperback.....We ship daily from our Bookshop.
Add this copy of The Economics of Information: Lying and Cheating in to cart. $134.43, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1997 by Wiley-Blackwell.