Inés Macho-Stadler, J. David Pérez-Castrillo ; translated by Richard Watt.
EDITION STATEMENT
Edition Statement
2nd ed.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Oxford University Press,
Date of Publication, Distribution, etc.
2001.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xiv, 287 pages :
Other Physical Details
illustrations ;
Dimensions
25 cm
GENERAL NOTES
Text of Note
A translation, with some minor revisions, of the 1994 edition published by Ariel Economía.
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references and index.
CONTENTS NOTE
Text of Note
1. Introduction -- 2. The Base Model -- 3. The Moral Hazard Problem -- 4. The Adverse Selection Problem -- Signalling -- Mathematical Appendix: Concavity and Optimization.
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SUMMARY OR ABSTRACT
Text of Note
"In this revised second edition, An Introduction to the Economics of Information covers the consequences for the character and efficiency of the interaction between individuals and organizations when one party has more or better information on some aspect of the relationship. This is the condition of asymmetric information, under which the information gap will be exploited if, by doing so, the better-informed party can achieve some advantage. The book is written for a one-semester course for advanced undergraduates taking specialized course options, and for first-year postgraduate students of economics or business."--Jacket.
UNIFORM TITLE
General Material Designation
Introducción de la información.
Language (when part of a heading)
English
TOPICAL NAME USED AS SUBJECT
Information theory in economics.
Information, Théorie de l', en économie politique.