The Analytics of Uncertainty and Information

Jack Hirshleifer author John G Riley author Sushil Bikhchandani author

Format:Hardback

Publisher:Cambridge University Press

Published:12th Aug '13

Currently unavailable, and unfortunately no date known when it will be back

This hardback is available in another edition too:

The Analytics of Uncertainty and Information cover

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.

'This is a beautifully clear book on the economics of uncertainty and information. The second edition contains a good deal of valuable new material, such as on the production, transmission, acquisition, and aggregation of information.' Eric Maskin, Harvard University, and Nobel Laureate in Economics

ISBN: 9780521834087

Dimensions: 235mm x 158mm x 31mm

Weight: 820g

508 pages

2nd Revised edition