Title: Introduction to the Economics of Information : Incentives and Contracts
Publisher: Oxford University Press
Publication Date: 2001
Language: English
ISBN 10: 0199243255
ISBN 13: 9780199243259
Binding: Soft cover
Edition: 2nd Edition
Condition: As New

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

In�s 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 P�rez-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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