An Introduction to the Economics of Information: Incentives and Contracts

Ines Macho-Stadler/ J. David Perez-Castrillo

ISBN 10: 0199243255 / ISBN 13: 9780199243259

Published by Oxford Univ Pr, 2001

About this Item

2nd edition. 302 pages. 8.75x5.50x0.50 inches. In Stock.

Seller Inventory # x-0199243255

Bibliographic Details

• Title: An Introduction to the Economics of Information: Incentives and Contracts
• Publisher: Oxford Univ Pr
• Publication Date: 2001
• Language: English
• ISBN 10: 0199243255
• ISBN 13: 9780199243259
• Binding: Paperback
• Edition: 2nd Edition
• Condition: Brand New
• Weight: 0.47 kilograms

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).