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Written in a crisp and approachable style, Games and Information, 4e uses simple modeling techniques and straightforward explanations to provide students with an understanding of game theory and information economics. The fourth edition brings this material completely up-to-date, adds new end-of-chapter problems and classroom games, and is accompanied by a comprehensive website, featuring problem Solutions and teaching notes: www.rasmusen.org/GI. With its emphasis on applications of game theory and information economics to a vast array of disciplines, Games and Information, 4e provides an accessible first course for students in backgrounds as diverse as economics, business, mathematics, and political science.
About the Author:
Eric Rasmusen is the Dan R. and Catherine M. Dalton Professor of Business Economics and Public Policy at Indiana University in Bloomington
"Rasmusen’s Games and Information provides wonderful coverage of the basics of game theory and information economics. His consistent style of presenting the theoretical structures lucidly unifies his test’s wide and well-chosen range of applications. I wish that all my students could take a course based on this book, and envy them the opportunity."
Maxwell B. Stinchcombe, University of Texas at Austin
"This is a terrific book bringing together two strands in the recent literature on economic theory, namely game theory and the economics of asymmetric information. The style is brisk, the arguments are rigorous and it seems to be pitched at exactly the right level."
Partha Dasgupta, University of Cambridge
|Pt. I||Game Theory||7|
|1||The Rules of the Game||9|
|3||Mixed and Continuous Strategies||67|
|4||Dynamic Games with Symmetric Information||93|
|5||Reputation and Repeated Games with Symmetric Information||121|
|6||Dynamic Games with Asymmetric Information||143|
|Pt. II||Asymmetric Information||163|
|7||Moral Hazard: Hidden Actions||165|
|8||Topics in Moral Hazard||195|
|15||The New Industrial Organization||361|
|Appendix A: Answers to Odd-Numbered Problems||381|
|Appendix B: Mathematics||429|
|References and Name Index||441|