Items related to An Introduction to the Economics of Information: Incentives...
Synopsis
A textbook on optimal contract theory, An Introduction to the Economics of Information covers the consequences for the character and efficiency of the interaction between individuals or organizations when one party has more or better information on some aspect of the relationship. This is the
condition of asymmetric information, under which the information gap will be exploited if, by doing so, the better-informed party can achieve some advantage. The book is written for a one semester course for advanced undergraduates taking specialized course options, and for first year postgraduate
students of economics or business. After an introduction to the subject and the presentation of a benchmark model in which both parties share the same information throughout the relationship, chapters are devoted to the three main asymmetric information topics: Moral Hazard--when the asymmetry
arises after the contract has been signed Adverse Selection--when the agent has relevant private infromation before the contract is signed Signalling--when the informed part is able to reveal private information through behaviour before the agreement is formalized The wide range of economic
situations where the conclusions are applied includes such areas as finance, regulation, insurance, labor economics, health economics, and even politics. Each chapter presents the basic theory before moving on to applications and advanced topics. The problems are presented in the same framework
throughout to allow easy comparison of the different results. Solved exercises test the student's understanding of the material, and develop the tools and skills provided by the main text to solve other, original problems.
"synopsis" may belong to another edition of this title.
About the Author
J. David Perez-Castrillo, Associate Professor of Economics, both at the Departament d'Economia i d'Historia Economica, Universitat Autonoma de Barcelona.
Language Notes
Text: Spanish (translation)
Original Language: English
"About this title" may belong to another edition of this title.
- PublisherOxford University Press
- Publication date1997
- ISBN 10 0198774672
- ISBN 13 9780198774679
- BindingHardcover
- LanguageEnglish
- Number of pages292
- Rating
Other Popular Editions of the Same Title
Search results for An Introduction to the Economics of Information: Incentives...
Stock Image
An introduction to the economics of information : incentives and contracts / Inés Macho-Stadler, J. David Pérez-Castrillo ; translated by Richard Watt ; : pbk.-- Oxford University Press; 1997.
Published by
Oxford University Press, (Oxford, &c.), 1997
ISBN 10: 0198774672
ISBN 13: 9780198774679
Used
Hardcover
Seller: Yushodo Co., Ltd., Fuefuki-shi, Yamanashi Pref., Japan
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. xiv, 277 p. Ex-Library. Seller Inventory # GU0865
Quantity: 1 available
Stock Image
An Introduction to the Economics of Information: Incentives and Contracts
Published by
Oxford University Press, 1996
ISBN 10: 0198774672
ISBN 13: 9780198774679
Used
Hardcover
Seller: Anybook.com, Lincoln, United Kingdom
Seller rating 5 out of 5 stars
Condition: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In poor condition, suitable as a reading copy. Dust jacket in good condition. Some taped pages. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,750grams, ISBN:9780198774679. Seller Inventory # 8611492
Quantity: 1 available
Stock Image
An Introduction to the Economics of Information: Incentives and Contracts
Published by
Oxford University Press, 1997
ISBN 10: 0198774672
ISBN 13: 9780198774679
Used
Hardcover
Seller: Ammareal, Morangis, France
Seller rating 5 out of 5 stars
Hardcover. Condition: Bon. Ancien livre de bibliothèque. Edition 1997. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Good. Former library book. Edition 1997. Ammareal gives back up to 15% of this item's net price to charity organizations. Seller Inventory # F-973-393
Quantity: 1 available
Stock Image
An Introduction to the Economics of Information: Incentives and Contracts
Published by
Oxford University Press, 1997
ISBN 10: 0198774672
ISBN 13: 9780198774679
Used
Hardcover
Seller: dsmbooks, Liverpool, United Kingdom
Seller rating 4 out of 5 stars
Hardcover. Condition: Acceptable. Acceptable. book. Seller Inventory # D8S0-3-M-0198774672-4
Quantity: 1 available