In this revised second edition, An Introduction to the Economics of Information covers the consequences for the character and efficiency of the interaction between individuals and organizations when one party has more or better information on some aspect of the relationship. This is the condition of asymmetric information, under which the information gap will be exploited if, by doing so, the better-informed party can achieve some advantage. The book is written for a one-semester course for advanced undergraduates taking specialized course options, and for first-year postgraduate students of economics or business. After an introduction to the subject and the presentation of a benchmark model in which both parties share the same information throughout the relationship, chapters are devoted to the three main asymmetric information topics of Moral Hazard, Adverse Selection, and Signalling. The wide range of economic situations where the conclusions are applied includes such areas as finance, regulation, insurance, labour economics, health economics, and even politics. Each chapter presents the basic theory before moving on to applications and advanced topics. The problems are presented in the same framework throughout to allow easy comparison of the different results. This new edition incorporates extended exercises to test the student's understanding of the material, and to develop the tools and skills provided by the main text to solve other, original problems.
0 有用 丁白 2022-07-25 21:56:43
读毕,感觉经典的信息经济学太在意equilibrium了,这类似于各种dynamics对synchronization的关注,但后者的灵活度往往更高。同时,广义上的比较静态分析确实可推广到更多社科问题(本书中如有无道德风险/逆向选择时的不同均衡解)…
0 有用 灰叶竹 2012-12-18 01:50:02
这是本学期唯一可以算读了80%并且理解也有80%的一本书了吧~~跳过的applications和exercises掩面><不过确实很赞。。。
0 有用 Mr. He 2022-11-16 16:39:49 北京
作者真的很想教会你,用各种图形表现证明,反复讲各种直观,对培养直观帮助很大
0 有用 Mr. He 2022-11-16 16:39:49 北京
作者真的很想教会你,用各种图形表现证明,反复讲各种直观,对培养直观帮助很大
0 有用 丁白 2022-07-25 21:56:43
读毕,感觉经典的信息经济学太在意equilibrium了,这类似于各种dynamics对synchronization的关注,但后者的灵活度往往更高。同时,广义上的比较静态分析确实可推广到更多社科问题(本书中如有无道德风险/逆向选择时的不同均衡解)…
0 有用 灰叶竹 2012-12-18 01:50:02
这是本学期唯一可以算读了80%并且理解也有80%的一本书了吧~~跳过的applications和exercises掩面><不过确实很赞。。。