The Bikhchandani, Sushil creator author. Hirshleifer, Jack author. Riley, John G. author. text enk 2013 2nd ed. monographic eng

electronic

1 online resource (508 pages) : digital, PDF file(s). 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. Sushil Bikhchandani, Jack Hirshleifer, John G. Riley. Title from publisher's bibliographic system (viewed on 09 Oct 2015). Uncertainty Equilibrium (Economics) Decision making Information theory in economics HB615 .H568 2013 339.5 9781139016209 (ebook) http://dx.doi.org/10.1017/CBO9781139016209 http://dx.doi.org/10.1017/CBO9781139016209 UkCbUP 110215 20171019114427.0 CR9781139016209