An Introduction to the Economics of Information: Incentives and Contracts

This is a graduate textbook on the theory of contracting under asymmetric information, a key part of modern microeconomic theory. It examines the characteristics of optimal contracts when one party has certain relevant knowledge that the other party does not. The various problems are presented
in the same framework to allow easy comparison of the different results. This updated second edition substantially extends the exercises that test students' understanding of the material covered in each section.


Author: Inés Macho-Stadler, J. David Pérez-Castrillo
Publisher: Oxford University Press, USA
Published: 05/17/2001
Pages: 304
Binding Type: Paperback
Weight: 0.98lbs
Size: 9.16h x 6.10w x 0.64d
ISBN: 9780199243259

About the Author

Inés Macho-Stadler is Associate Professor of Economics at the Universitat Autonoma de Barcelona. He gained his Ph.D. in Economics from the Ecole Hautes Etudes en Sciences Sociales (Paris).
J. David Pérez-Castrillo is Associate Professor of Economics at the Universitat Autonoma de Barcelona. He gained his Ph.D. in Economics from the Ecole Hautes Etudes en Sciences Sociales (Paris).

This title is not returnable