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Title: THE ANALYTICS OF UNCERTAINTY AND INFORMATION
By: Sushil Bikchandani, Jack Hirshleifer, John G. Riley
Format: Paperback

List price: £50.99
Our price: £44.62
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You save: £6.37
ISBN 10: 0521541964
ISBN 13: 9780521541961
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 19 August, 2013
Edition: 2nd Revised edition
Series: Cambridge Surveys of Economic Literature
Pages: 505
Description: This second edition, with a greater focus on game theory, attempts to unify recent developments in economic theories of uncertainty and information for students.
Synopsis: 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.
Illustrations: 83 b/w illus.
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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