000 02862nam a2200433 i 4500
001 CR9781139016209
003 UkCbUP
005 20240301142638.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 110215s2013||||enk o ||1 0|eng|d
020 _a9781139016209 (ebook)
020 _z9780521834087 (hardback)
020 _z9780521541961 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 0 0 _aHB615
_b.H568 2013
082 0 0 _a339.5
_223
100 1 _aBikhchandani, Sushil,
_eauthor.
245 1 4 _aThe analytics of uncertainty and information /
_cSushil Bikhchandani, University of California -- Los Angeles, Jack Hirshleifer, John G. Riley, University of California, Los Angeles.
246 3 _aThe Analytics of Uncertainty & Information
250 _aSecond edition.
264 1 _aCambridge :
_bCambridge University Press,
_c2013.
300 _a1 online resource (xiii, 493 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aCambridge surveys of economic literature
500 _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 _aAcknowledgements -- Introduction -- Elements of decision under uncertainty -- Risk-bearing: the optimum of the individual -- Comparative statics of the risk-bearing optimum -- Market equilibrium under uncertainty -- Information and informational decisions -- Information and markets -- Strategic uncertainty and equilibrium concepts -- Informational asymmetry and contract design -- Competition and hidden knowledge -- Market institutions -- Long-run relationships and the credibility of threats and promises -- Information aggregation, transmission, and acquisition.
520 _aThere 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.
650 0 _aUncertainty.
650 0 _aEquilibrium (Economics)
650 0 _aDecision making.
650 0 _aInformation theory in economics.
700 1 _aRiley, John G.,
_eauthor.
776 0 8 _iPrint version:
_z9780521834087
830 0 _aCambridge surveys of economic literature.
856 4 0 _uhttps://doi.org/10.1017/CBO9781139016209
999 _c9601
_d9601