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Analytics Uncertainty Informtn 1ed ... by Hirshleifer/Riley Paperback / softback

FREE US DELIVERY | ISBN: 0521283698 | Quality Books
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Item specifics

Condition
Very Good: A book that does not look new and has been read but is in excellent condition. No obvious ...
ISBN
0521283698
EAN
9780521283694
Date of Publication
1992-09-10
Release Title
Analytics Uncertainty Informtn 1ed (Cambridge Surveys of Econo...
Artist
Hirshleifer/Riley
Brand
N/A
Colour
N/A
Book Title
Analytics Uncertainty Informtn 1ed (Cambridge Surveys of Econo...

About this product

Product Identifiers

Publisher
Cambridge University Press
ISBN-10
0521283698
ISBN-13
9780521283694
eBay Product ID (ePID)
635992

Product Key Features

Number of Pages
480 Pages
Publication Name
Analytics of Uncertainty and Information
Language
English
Subject
Decision-Making & Problem Solving, Economics / Microeconomics, General, Economics / General
Publication Year
1992
Type
Textbook
Subject Area
Education, Psychology, Business & Economics
Author
John G. Riley, Jack Hirshleifer
Series
Cambridge Surveys of Economic Literature Ser.
Format
Trade Paperback

Dimensions

Item Height
1.2 in
Item Weight
26.5 Oz
Item Length
9 in
Item Width
6.1 in

Additional Product Features

Intended Audience
College Audience
LCCN
91-023754
Reviews
'The book is written in a refreshing style, it is easy to read, and it contains many examples and discussions … the resulting uncertainty and information models are remarkably coherent and versatile.' Publication of the International Statistical Institute, 'The book is written in a refreshing style, it is easy to read, and it contains many examples and discussions ... the resulting uncertainty and information models are remarkably coherent and versatile.' Publication of the International Statistical Institute, 'The book is written in a refreshing style, it is easy to read, and it contains many examples and discussions ... the resulting uncertainty and information models are remarkably coherent and versatile.'Publication of the International Statistical Institute
Dewey Edition
20
TitleLeading
The
Illustrated
Yes
Dewey Decimal
339.5
Table Of Content
1. Elements of decision under uncertainty; 2. Risk-bearing: the optimum of the individual; 3. Comparative statics of the risk-bearing optimum; 4. Market equilibrium under uncertainty; 5. Information and informational decisions; 6. The economics of emergent public information; 7. The production of information and its dissemination; 8. Informational asymmetry and contract design; 9. Strategic uncertainty and equilibrium concepts; 10. The economics of contests; 11. Competition and hidden knowledge; 12. Long-run relationships and the credibility of threats and promises.
Synopsis
This book presents intellectual advances in the theory of uncertainty and information, unifying many important but partial results into a satisfying single picture., Economists have always recognised that human endeavours are constrained by our limited and uncertain knowledge, but only recently has an accepted theory of uncertainty and information evolved. This theory has turned out to have surprisingly practical applications: for example in analysing stock market returns, in evaluating accident prevention measures, and in assessing patent and copyright laws. This book presents these intellectual advances in readable form for the first time. It unifies many important but partial results into a satisfying single picture, making it clear how the economics of uncertainty and information generalises and extends standard economic analysis. Part One of the volume covers the economics of uncertainty: how each person adapts to a given fixed state of knowledge by making an optimal choice among the immediate 'terminal' actions available. These choices in turn determine the overall market equilibrium reflecting the social distribution of risk bearing. In Part Two, covering the economics of information, the state of knowledge is no longer held fixed. Instead, individuals can to a greater or lesser extent overcome their ignorance by 'informational' actions. The text also addresses at appropriate points many specific topics such as insurance, the Capital Asset Pricing model, auctions, deterrence of entry, and research and invention., Recent intellectual advances in the theory of uncertainty and information are presented in this book, which unifies many important but partial results into a satisfying single picture, making it clear how the economics of uncertainty and information generalizes and extends standard economic analysis. Part 1 covers the economics of uncertainty: each person adapts to a given fixed state of knowledge by making an optimal choice among the immediate "terminal" actions available. These choices in turn determine the overall market equilibrium reflecting the social distribution of risk-bearing. In Part 2, covering the economics of information, the state of knowledge is no longer held fixed, and individuals can overcome their ignorance by "informational" actions. The text also addresses many specific topics such as insurance, the Capital Asset Pricing Model, auctions, deterrence of entry, and research and invention.
LC Classification Number
HB615.H568 1992

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    This delivery was earliest date! Condition, value, quality - all as described. (My mistake was not requiring the publishing date to be 1958. This was 1977.) This IS a Viking Portable Library copy of Dante's Divine Comedy in English, translated by Laurence Binyon, but it is with a cover DIFFERENT from what was shown. The tracking number was listed as from "UPS", but should have been listed as from "USPS." Contact with this seller alleviated tracking issues. I recommend this seller! Thank you!
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    Arrived 13 days after purchase. Digipak 3 CD came in brown paper packaging coated on the inside. Not much protection for cardboard digipack, somehow it arrived in near perfect condition. Could have used some bubble wrap /sturdy cardboard. Tracking gave no information. Messaged them & they assured me it was on it's way. Location reads Florida. They ship from all over / my package read Jamaica, NY. Got a 3 CD Deluxe Edition in GREAT CONDITION at BARGAIN PRICE ! Nervous ride/Happy ending 😀👍