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Table of contents (11 chapters)
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Front Matter
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Investment Finance and Asymmetric Information
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Front Matter
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Asymmetric Information Problems in the Insurance Market
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Front Matter
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The Labour Market: Education, Signalling, Screening and Efficiency Wages
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Front Matter
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Regulation, Public Procurement and Auctions
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Front Matter
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Back Matter
Keywords
About this book
This book presents recent developments in the economics of asymmetric information. The problems of selection and moral hazard, with hidden actions or hidden information, are introduced by examining how they affect the market for investment finance. The ideas are then used to analyse the market for insurance, signalling and screening models of education, efficiency wages, industrial regulation, public procurement and auctions. Coverage is thorough while avoiding excessive mathematical detail. Diagrams and verbal reasoning make the ideas accessible to intermediate level undergraduate students and beyond.
Bibliographic Information
Book Title: The Economics of Asymmetric Information
Authors: Brian Hillier
DOI: https://doi.org/10.1007/978-1-349-25485-9
Publisher: Red Globe Press London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Brian Hillier 1997
Edition Number: 1
Number of Pages: XVI, 208
Additional Information: Previously published under the imprint Palgrave
Topics: Microeconomics