Letterboxes and postboxes in various colours and available personalised in the UK Home Contact About Us

Slightly Better Books

Category Focus:

Economics

  Literary gifts for book lovers, gorgeous gift ideas for readers, writers and literature fans
AbeBooks.co.uk
Economics
In Pictures
****Hyperlinked titles will take you to our copy on sale or prebuilt searches of copies on sale****

Useful Links:
Books on Ebay-see our specially prebuilt search below
Books on Amazon-see our specially prebuilt banner below

Titles to Look Out For:
[in alphabetical order, dated to earliest edition. Each listing includes later editions and printings]
1997. The Economics of Asymmetric Information by Brian Hillier

On Amazon:
Hillier, Brian. 'The Economics of Asymmetric Information', published in 1997 by Macmillan Press, in hardback, 188pp, ISBN 0333647491. Condition: Good++ condition ex-library copy with a plastic sleeve protecting the exterior and the normal library markings such as a label on the spine, a clear plastic library ticket pocket stuck on the introductory title page (with a classification number and college address stamp above it), a library bookplate and withdrawn stamp on the inside of the front cover and elsewhere. Price: £35.00, not including post and packing, which is Amazon UK's standard charge (currently £2.80 for UK buyers, more for overseas customers)
1994, Routledge, hbk
In stock, click image above to buy for £35.00, not including p&p, which is Amazon UK's standard charge (currently £2.80 for UK buyers)

Alternative online retailers to try:
Click here to access our prebuilt search for this title on Abebooks

Or click here to access our prebuilt search for this title on Alibris

Or click here to access our prebuilt search for this title on Ebay

Click here to access our prebuilt search for this title on Biblio

Alibris UK: books, movies & music

AbeBooks.co.uk

Find this book at Biblio.com!

 

 

 

 

 

Alibris UK: books, movies & music

AbeBooks.co.uk

Find this book at Biblio.com!

About this book/synopsis: This book presents recent developments in the economics of asymmetric information. The problems of selection & 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 & screening models of education, efficiency wages, industrial regulation, public procurement and auctions. The style is clear, and the coverage is thorough while avoiding excessive mathematical detail. Diagrams & verbal reasoning make the ideas accessible to intermediate-level undergraduate students & beyond

Contents: Preface
Introduction
The wisdom of Solomon
The organisation of topics

Part 1. Investment Finance & Asymmetric Information:
1. Asymmetric Information in the Market for Investment Finance
1.1 Overview
1.2 The selection Problem
1.3 The hidden action problem
1.4 The costly state verification problem
2. Investment Finance & the Selection Problem
2.1 Overview
2.2 The selection problem and the credit market
2.3 The selection problem and equity finance
2.4 Credit rationing
2.5 Discussion
2.6 Recommended Reading
2.7 Problems
3. Investment Finance & the Hidden Action Problem
3.1 Overview
3.2 Hidden action and the credit market
3.3 The hidden action problem and equity finance
3.4 Market collapse
3.5 Credit rationing
3.6 Problem
4. Investment Finance & the Costly State Verification Problem
4.1 Overview
4.2 Hidden information and the credit market
4.3 The credit market and business cycles
4.4 Recommended Reading
4.5 Problems

Part 2. Asymmetric Information Problems in the Insurance Market:
5. Insurance & Risk Aversion
5.1 Overview
5.2 Attitudes towards risk
5.3 Risk aversion and insurance
5.4 Recommended Reading
5.5 Problems
6. Insurance & The hidden action problem
6.1 Overview
6.2 Insurance and the hidden action problem
6.3 Recommended reading
6.4 Problems
7. Insurance & The Selection Problem

7.1 Overview
7.2 Insurance and different risk categories under full information
7.3 Pooling together different risk categories
7.4 Separating contracts and equilibrium concepts
7.5 Recommended reading
7.6 Problem

Part 3. The Labour Market: Education, Signalling, Screening and Efficiency Wages
8. The Selection Problem and Education
8.1 Overview
8.2 Education and screening
8.3 Education and signalling
8.4 Discussion
8.5 Recommended reading
8.6 Problems
9. The Hidden Action Problem and Efficiency Wages
9.1 Overview
9.2 Reasons for paying efficiency wages
9.3 The hidden action problem and the shirking model
9.4 Recommended reading
9.5 Problems

Part 4. Regulation, Public Procurement and Auctions:
10. Regulation and Procurement
10.1 Overview
10.2 Regulation and hidden information
10.3 Procurement with hidden information and hidden action
10.4 Recommended reading
10.5 Problem
11. Auctions
11. 1 Overview
11.2 Auctions and information problems
11.3 Private value auctions and the revenue equivalence theorem
11.4 Optimal auctions
11.5 Common value auctions and the winner's curse
11.6 Recommended reading
11.7 Problems

Notes, bibliography, Index

 

Other Books By Brian Hillier


Macroeconomics
 
Books/Magazines on Ebay:
[top]
 
Books on Amazon:
[top]