An Introduction to the Economics of Information

Incentives and Contracts

Häftad, Engelska, 2001

AvInés Macho-Stadler,J. David Pérez-Castrillo

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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.

Produktinformation

Utgivningsdatum2001-03-08
Mått156 x 234 x 17 mm
Vikt473 g
FormatHäftad
SpråkEngelska
Antal sidor302
Upplaga1002
FörlagOUP OXFORD
ISBN9780199243259
ÖversättareRichard Watt

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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).