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The Economics of Imperfect Information,Louis Phlips

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Item specifics

Condition
Good: A book that has been read, but is in good condition. Minimal damage to the book cover eg. ...
Book Title
The Economics of Imperfect Information,Louis Phlips
ISBN
9780521313810
EAN
9780521313810
Publication Year
1989
Type
Textbook
Format
Paperback
Language
English
Publication Name
The Economics of Imperfect Information
Item Height
229mm
Author
Louis Phlips
Publisher
Cambridge University Press
Item Width
152mm
Subject
Economics
Item Weight
440g
Number of Pages
296 Pages

About this product

Product Information

This book provides a systematic presentation of new microeconomic theories of imperfect information. Each chapter explores a particular type of informational asymmetry and reviews major papers. Wherever possible the theories are compared with experimental evidence. An extensive bibliography is included. Part I, statics, begins with an examination of how imperfect price or quantity information on the buyer's side provides new explanations of phenomena such as price dispersion and sales or resale price maintenance. A thorough discussion of private value auctions and common value auctions follows. Subsequent chapters investigate the links between uncertainty about personal characteristics and job signaling, incomplete insurance coverage, and credit rationing by banks. Part II, dynamics, relates the dynamics of collusion, predation, and market efficiency to the transmission, pooling, and aggregation of private information. Game theoretic findings and their implications for antitrust policy are included.

Product Identifiers

Publisher
Cambridge University Press
ISBN-13
9780521313810
eBay Product ID (ePID)
91403940

Product Key Features

Author
Louis Phlips
Publication Name
The Economics of Imperfect Information
Format
Paperback
Language
English
Subject
Economics
Publication Year
1989
Type
Textbook
Number of Pages
296 Pages

Dimensions

Item Height
229mm
Item Width
152mm
Item Weight
440g

Additional Product Features

Title_Author
Louis Phlips
Country/Region of Manufacture
United Kingdom

Item description from the seller

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Mubin Ahmed
Unit 4
119 Loverock Road
Reading
Berkshire
RG30 1DZ
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Value added tax number:
  • GB 724 4981 18
Company registration number:
  • 03800600
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CRN Number:
  • 03800600
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