An Introduction to the Economics of Information : Incentives and Contracts

Watt, Richard, Macho-Stadler, InĂ s, PĂ rez-Castrillo, J. David

ISBN 10: 0199243255 / ISBN 13: 9780199243259

Published by Oxford University Press, Incorporated, 2001

About this Item

Former library copy. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.

Seller Inventory # GRP61307016

Bibliographic Details

• Title: An Introduction to the Economics of Information : Incentives and Contracts
• Publisher: Oxford University Press, Incorporated
• Publication Date: 2001
• Language: English
• ISBN 10: 0199243255
• ISBN 13: 9780199243259
• Binding: Soft cover
• Edition: 2nd Edition.
• Condition: Good
• Weight: 0.97 pounds

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).