Titolo: An introduction to the economics of information : incentives and contracts / In�s Macho-Stadler, J. David P�rez-Castrillo ; translated by Richard Watt ; : pbk.-- Oxford University Press; 1997.
Editore: Oxford University Press, New York
Data di pubblicazione: 1997
Lingua: Inglese
ISBN 10: 0198774664
ISBN 13: 9780198774662
Rilegatura: Softcover
Condizione: Good

Descrizione articolo

Riassunto

This is an advanced 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.

Informazioni sull?autore

Ines Macho-Stadler is an Associate Professor of Economics at the Universitat Autonoma de Barcelona.

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