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Contributors | November 10, 2009

Zachary Lazar: IMG Evening's Empire

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Without knowing it, I'd always had two unspoken arrangements with the world. The first was that I would not trouble it with unpleasant conversation... Continue »
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    Evening's Empire: The Story of My Father's Murder

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The Economics of Imperfect Information

by Louis Phlips

ISBN13: 9780521313810
ISBN10: 0521313813
Condition: Standard
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Synopses & Reviews

Publisher Comments:

This is the first systematic textbook presentation of the new microeconomic theories based on imperfect information. Each chapter explores a particular type of informational asymmetry and reviews the main contributions, from the seminal papers of the late 1960s through the most recent developments. Wherever possible the theories covered are confronted with the available experimental evidence.

Synopsis:

This book provides a systematic presentation of new microeconomic theories of imperfect information. Each chapter explores a particular type of informational asymmetry and reviews major papers. Wherever possible the theories are compared with experimental evidence. An extensive bibliography is included.
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Table of Contents

List of figures and tables; Preface; Acknowledgments; 1. Preliminaries; Part I. Statics: 2. Asymmetric price information; 3. Asymmetric quality information; 4. Auctions; 5. Signaling equilibria; Part II. Dynamics: 6. Oligopoly and collusion; 7. Predatory pricing; 8. Efficient double auctions; References; Index.

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Product Details

ISBN:
9780521313810
Author:
Phlips, Louis
Publisher:
Cambridge University Press
Author:
Phlips, Louis
Location:
Cambridge Cambridgeshire ;
Subject:
Operations Research
Subject:
Decision-making
Subject:
Economics - Theory
Subject:
Economic History
Subject:
Institutional economics
Subject:
Game Theory
Subject:
Uncertainty
Subject:
Information theory in economics
Subject:
Information theory in economics Information t
Copyright:
1989
Edition Description:
Bibliography: p. 259-275.
Series Volume:
500-146.
Publication Date:
February 1989
Binding:
Paperback
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
Yes
Pages:
304
Dimensions:
8.96x5.97x.60 in. .89 lbs.
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