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Synopsis
This is a graduate textbook on the theory of contracting under asymmetric information, a key part of modern microeconomic theory. It examines the characteristics of optimal contracts when one party has certain relevant knowledge that the other party does not. The various problems are presented in the same framework to allow easy comparison of the different results. This updated second edition substantially extends the exercises that test students' understanding of the material covered in each section.
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About the Author
Inés Macho-Stadler is Associate Professor of Economics at the Universitat Autonoma de Barcelona. He gained his Ph.D. in Economics from the Ecole Hautes Etudes en Sciences Sociales (Paris).
J. David Pérez-Castrillo is Associate Professor of Economics at the Universitat Autonoma de Barcelona. He gained his Ph.D. in Economics from the Ecole Hautes Etudes en Sciences Sociales (Paris).
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An Introduction to the Economics of Information: Incentives and Contracts
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Oxford University Press, 2001
ISBN 10: 0199243255
ISBN 13: 9780199243259
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An Introduction to the Economics of Information: Incentives and Contracts
Published by
Oxford University Press, 2001
ISBN 10: 0199243255
ISBN 13: 9780199243259
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An Introduction to the Economics of Information: Incentives and Contracts
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Oxford University Press, 2001
ISBN 10: 0199243255
ISBN 13: 9780199243259
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An Introduction to the Economics of Information: Incentives and Contracts
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ISBN 10: 0199243255
ISBN 13: 9780199243259
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An Introduction to the Economics of Information : Incentives and Contracts
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ISBN 13: 9780199243259
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An Introduction to the Economics of Information: Incentives and Contracts
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An Introduction to the Economics of Information: Incentives and Contracts
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