search for books and compare prices
cover image
The Economics of Uncertainty and Information
Price
Store
Arrives
Preparing
Shipping
The price is the lowest for any condition, which may be new or used; other conditions may also be available. Rental copies must be returned at the end of the designated period, and may involve a deposit.
Jump down to see edition details for: Hardcover
Bibliographic Detail
Publisher Mit Pr
Publication date March 1, 1989
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780262121361
ISBN-10 0262121360
Dimensions 0.75 by 6.25 by 9.50 in.
Weight 1.35 lbs.
Original list price $53.00
Other format details university press
Summaries and Reviews
Summary
Discusses risk and economic uncertainty, the theory of contingent markets, model systems of incomplete markets, and the use of the stock market and insurance to share risk
Amazon.com description: Product Description:

The Economics of Uncertainty and Information may be used in conjunction with Loffont's Fundamentals of Economics in an advanced course in microeconomics. Both texts provide a thorough account of modern thinking on the subject and a wealth of carefully chosen examples and problems.The first four chapters of The Economics of Uncertainty and Information summarize the essential tools of the analysis of uncertainty and information: the theory of individual behavior under uncertainty, the measures of risk aversion and the measures of risk, and the notions of certainty equivalence and information structure. Subsequent chapters introduce the theory of contingent markets, model systems of incomplete markets and define the concept of a perfect foresight equilibrium, cover two fundamental institutions for sharing risk - the stock market and insurance, show how the transmission of information by prices renders information structures endogenous, and study personalized exchange with asymmetric information.Each chapter concludes with a list of suggested readings and with auxiliary sections which go into more detail about certain aspects of the subject. The book concludes with review problems and exercises.Jean Jacques Laffont is Professor of Economic Sciences at the Université des Sciences Sociales de Toulouse and Director of Studies at I'Ecole des Hautes Etudes en Sciences Sociales.



Editions
Hardcover
Book cover for 9780262121361
 
The price comparison is for this edition
from Mit Pr (March 1, 1989)
9780262121361 | details & prices | 6.25 × 9.50 × 0.75 in. | 1.35 lbs | List price $53.00
About: Discusses risk and economic uncertainty, the theory of contingent markets, model systems of incomplete markets, and the use of the stock market and insurance to share risk

Pricing is shown for items sent to or within the U.S., excluding shipping and tax. Please consult the store to determine exact fees. No warranties are made express or implied about the accuracy, timeliness, merit, or value of the information provided. Information subject to change without notice. isbn.nu is not a bookseller, just an information source.