An Introduction to the Economics of Information

Inés Macho-Stadler, J. David Pérez-Castrillo

ISBN 10: 0199243255 / ISBN 13: 9780199243259

Published by Oxford University Press, GB, 2001

About this Item

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. The authors indicate substantial real-world applications, and exercises for students (with solutions) are provided at the end of each chapter.

Seller Inventory # LU-9780199243259

Bibliographic Details

• Title: An Introduction to the Economics of Information
• Publisher: Oxford University Press, GB
• Publication Date: 2001
• Language: English
• ISBN 10: 0199243255
• ISBN 13: 9780199243259
• Binding: Paperback
• Edition: 2nd Edition
• Condition: New
• Dimensions: 23.4W x 15.6H x 1.62D centimeters 23.4 centimeters width by 15.6 centimeters height by 1.62 centimeters depth
• Weight: 473 grams

About this title

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.

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).