The Analytics of Uncertainty and Information

The Analytics of Uncertainty and Information

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There has been explosive progress in the economic theory of uncertainty and information in the past few decades. This book attempts to unify the subject matter in a simple, accessible manner. 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.

Subject: Business & Economics -> Economics -> Principles of Microeconomics