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portada The Analytics of Uncertainty and Information, Second Edition (Cambridge Surveys of Economic Literature)
Type
Physical Book
Year
2013
Language
English
Pages
508
Format
Paperback
ISBN13
9780521541961
Edition No.
2
Categories

The Analytics of Uncertainty and Information, Second Edition (Cambridge Surveys of Economic Literature)

Sushil Bikhchandani (Author) · Cambridge University Press · Paperback

The Analytics of Uncertainty and Information, Second Edition (Cambridge Surveys of Economic Literature) - Sushil Bikhchandani

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Synopsis "The Analytics of Uncertainty and Information, Second Edition (Cambridge Surveys of Economic Literature)"

There has been explosive progress in the economic theory of uncertainty and information in the past few decades. This subject is now taught not only in departments of economics but also in professional schools and programs oriented toward business, government and administration, and public policy. This book attempts to unify the subject matter in a simple, accessible manner. Part I of the book focuses on the economics of uncertainty; Part II examines the economics of information. This revised and updated second edition places a greater focus on game theory. New topics include posted-price markets, mechanism design, common-value auctions, and the one-shot deviation principle for repeated games.

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