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Economics of Asymmetric Information
- Binding:
- Paperback
- Pages:
- 208
- Published:
- April 6, 1997
- Dimensions:
- 234x161x11 mm.
- Weight:
- 322 g.
Delivery:
1-2 weeks
Expected delivery: March 1, 2025
Description of Economics of Asymmetric Information
The problems of selection and moral hazard, with hidden actions or hidden information, are introduced by examining how they affect the market for investment finance. The ideas are then used to analyse the market for insurance, signalling and screening models of education, efficiency wages, industrial regulation, public procurement and auctions.
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