|  | Molho, Ian
The Economics of Information
Lying and Cheating in Markets and Organizations
1. Auflage September 1997
51,90 Euro
1997. 276 Seiten, Softcover
ISBN 978-0-631-20666-8 - John Wiley & Sons
Preis inkl. Mehrwertsteuer zzgl. Versandkosten.
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| Langtext
Knowledge is a vital resource which confers strategic advantages on those that possess it, and provides the possibility of misuse and abuse with increasingly dangerous economic consequences.
Aus dem Inhalt
Preface.
Introduction: Private Information and Hidden Action.
Part I: Adverse Selection: The Market for Lemons.
Part II: Signalling.
Part III: Moral Hazard.
Part IV: Mechanism Design: Applications to Bargaining and Auctions.
Appendix: Brief Notes on Probability Distributions, Baye's Rule, Expected Utility Theory and Game Theory.
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