The Economics of Imperfect Information

This is the first systematic textbook presentation of the new microeconomic theories based on imperfect information. Each chapter explores a particular type of informational asymmetry and reviews the main contributions, from the seminal papers of the late 1960s through the most recent developments. Wherever possible the theories covered are confronted with the available experimental evidence.

• | Author: Louis Phlips
• | Publisher: Cambridge University Press
• | Publication Date: Feb 24, 1989
• | Number of Pages: 296 pages
• | Binding: Paperback or Softback
• | ISBN-10: 0521313813
• | ISBN-13: 9780521313810