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  • © 1989

Allocation, Information and Markets

Palgrave Macmillan

Part of the book series: The New Palgrave (NPA)

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Table of contents (30 chapters)

  1. Front Matter

    Pages i-xii
  2. Efficient Allocation

    • Stanley Reiter
    Pages 1-30
  3. Adverse Selection

    • Charles Wilson
    Pages 31-34
  4. Asymmetric Information

    • A. Postlewaite
    Pages 35-38
  5. Auctions

    • Vernon L. Smith
    Pages 39-53
  6. Bidding

    • Robert Wilson
    Pages 54-63
  7. The Coase Theorem

    • Robert D. Cooter
    Pages 64-70
  8. Decentralization

    • E. Malinvaud
    Pages 71-76
  9. Economic Organization and Transaction Costs

    • Steven N. S. Cheung
    Pages 77-82
  10. Exchange

    • Robert Wilson
    Pages 83-93
  11. Experimental Methods in Economics

    • Vernon L. Smith
    Pages 94-111
  12. Externalities

    • J.-J. Laffont
    Pages 112-116
  13. Fraud

    • Edi Karni
    Pages 117-119
  14. Hidden Actions, Moral Hazard and Contract Theory

    • Roger Guesnerie
    Pages 120-131
  15. Implicit Contracts

    • Costas Azariadis
    Pages 132-140
  16. Incentive Compatibility

    • John O. Ledyard
    Pages 141-151
  17. Incentive Contracts

    • Edward P. Lazear
    Pages 152-162
  18. Incomplete Contracts

    • Oliver Hart
    Pages 163-179
  19. Incomplete Markets

    • Charles Wilson
    Pages 180-184
  20. Market Failure

    • John O. Ledyard
    Pages 185-190

About this book

This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.

Bibliographic Information

Buy it now

Buying options

eBook USD 29.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 39.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access