The Economics of Imperfect Information

The Economics of Imperfect Information

by Louis Phlips
     
 

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ISBN-10: 0521313813

ISBN-13: 9780521313810

Pub. Date: 07/28/2010

Publisher: Cambridge University Press

An introductory textbook presentation of the new microeconomic theories based on imperfect information. Explores informational asymmetry and reviews significant contributions from the late 1960s through the present.

Overview

An introductory textbook presentation of the new microeconomic theories based on imperfect information. Explores informational asymmetry and reviews significant contributions from the late 1960s through the present.

Product Details

ISBN-13:
9780521313810
Publisher:
Cambridge University Press
Publication date:
07/28/2010
Edition description:
New Edition
Pages:
281
Product dimensions:
5.98(w) x 8.98(h) x 0.67(d)

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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