The Analytics of Uncertainty and Information, Second Edition
2 Revised edition
Book Details
Format
Paperback / Softback
Book Series
Cambridge Surveys of Economic Literature
ISBN-10
0521541964
ISBN-13
9780521541961
Edition
2 Revised edition
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Aug 19th, 2013
Print length
505 Pages
Weight
696 grams
Dimensions
15.40 x 22.90 x 2.70 cms
Product Classification:
Economic theory & philosophyEconomic theory and philosophy
Ksh 10,300.00
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This second edition, with a greater focus on game theory, attempts to unify recent developments in economic theories of uncertainty and information for students.
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.
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