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Item Details
Title: THE MICROECONOMICS OF RISK AND INFORMATION
By: Richard Watt
Format: Paperback

List price: £40.99


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0230280803
ISBN 13: 9780230280809
Publisher: PALGRAVE MACMILLAN
Pub. date: 11 May, 2011
Pages: 240
Description: The book covers the principal areas of research in the microeconomics of risk and information. Keeping to a strict two-dimensional environment, the relationship with intermediate undergraduate microeconomics is made clear. While an integral part of the book, the mathematics is presented at an introductory level.
Synopsis: The Microeconomics of Risk and Information covers the principal areas in the field, including risk aversion, simple portfolio theory, precautionary savings, production under risk, risk sharing in the Edgeworth box, adverse selection and moral hazard. Keeping to a strict two-dimensional environment and using only some basic calculus, this textbook is written principally for students of advanced undergraduate and beginning graduate courses in economics, finance, and other fields, who have studied microeconomics at the intermediate level. Compact and clear, the book reflects the author's twenty-year experience teaching the course in the one-semester format to students around the world.
Illustrations: 240 p.
Publication: UK
Imprint: Palgrave Macmillan
Returns: Non-returnable
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