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MACHO-STADLER:AN INTRODUCTION ECONOMICS INFORMATION 2E PAPER: Incentives and Contracts

paperback – March 8, 2001
by MACHO-STADLER, Ines
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$53.56 USD
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ISBN-13: 9780199243259 ISBN-10: 0199243255
Publisher
Oxford University Press, USA
Binding
paperback
Published
March 8, 2001
Weight
1.0 lbs
Dimensions
23.40×1.80×15.60 cm

About this book

MACHO-STADLER:AN INTRODUCTION ECONOMICS INFORMATION 2E PAPER: Incentives and Contracts by MACHO-STADLER, Ines. paperback edition. ISBN: 9780199243259.

This is a graduate textbook on the theory of contracting under asymmetric information, a key part of modern microeconomic theory. It examines the characteristics of optimal contracts when one party has certain relevant knowledge that the other party does not. The various problems are presented in the same framework to allow easy comparison of the different results. This updated second edition substantially extends the exercises that test students understanding of the material covered in each section.