An Introduction to the Economics of Information by J Prezcastrillo

An Introduction to the Economics of Information by J Prezcastrillo

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Summary

This is an updated 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 exercises that test students' understanding are extended for each chapter.

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An Introduction to the Economics of Information by J Prezcastrillo

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.
an excellent bookThis is a major contribution to the literature in the area of information economics. The most important quality of the book is that it is relatively easy to understand the complicated models of information economics from this book. It is a useful book for all academics interested in modern economics and business issues * Prof. Sardar M. N. Islam, Victoria University, Australia *
Ines Macho-Stadler is Professor of Economics and David Perez-Castrillo is Associate Professor of Economics at the Universitat Autonoma de Barcelona. They gained Ph.D.s in Economics from the Ecole Hautes Etudes en Sciences Sociales (Paris). ; J. David Perez-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).
SKU Unavailable
ISBN 13 9780199243259
ISBN 10 0199243255
Title An Introduction to the Economics of Information
Author Inés Macho-Stadler
Condition Unavailable
Binding Type Paperback
Publisher Oxford University Press
Year published 2001-03-08
Number of pages 302
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable