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The Economics of Imperfect Information,Lo uis Phlips
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Item specifics
- Condition
- 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
- 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
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
Country/Region of Manufacture
United Kingdom
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