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The Economics of Information: Lying and Cheating in Markets and Organizations
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Bibliographic Detail
Publisher Blackwell Pub
Publication date August 1, 1997
Pages 262
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780631201526
ISBN-10 0631201521
Dimensions 1 by 6.50 by 9.50 in.
Weight 1.25 lbs.
Availability§ Out of Print
Published in Great Britain
Original list price $62.95
§As reported by publisher
Amazon.com says people who bought this book also bought:
Introduction to Econometrics | Managerial Economics
Summaries and Reviews
Amazon.com description: Product Description: Information is now a key issue in decision-making in economics and business. Knowledge is a vital resource which confers strategic advantages on those that possess it, and provides the possibility of misuse and abuse with increasingly dangerous economic consequences. This text is designed to take undergraduate and graduate students through the key issues and theoretical background to give of the impact of imperfect and asymmetric information in an economic context. At each stage, the book analyzes and explains the information problem using models that set the outcome under imperfect information against that under full information. The book is divided into four major sections covering: adverse selection problems under private information; the role of signalling mechanisms; moral hazard; and transaction mechanisms under imperfect information. Each section of the book also looks at the experimental studies that test the predictions of theory. It should be of interest to students at all levels who require an introduction to this critical area of economic theory.

Editions
Hardcover
Book cover for 9780631201526
 
The price comparison is for this edition
from Blackwell Pub (August 1, 1997)
9780631201526 | details & prices | 262 pages | 6.50 × 9.50 × 1.00 in. | 1.25 lbs | List price $62.95
About: Information is now a key issue in decision-making in economics and business.
Paperback
Book cover for 9780631206668
 
from Blackwell Pub (August 1, 1997)
9780631206668 | details & prices | 262 pages | 6.00 × 9.25 × 0.75 in. | 1.00 lbs | List price $64.95
About: Knowledge is a vital resource which confers strategic advantages on those that possess it, and provides the possibility of misuse and abuse with increasingly dangerous economic consequences.

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