The Microeconomics of Risk and Information
Seiten
2011
Red Globe Press (Verlag)
978-0-230-28079-3 (ISBN)
Red Globe Press (Verlag)
978-0-230-28079-3 (ISBN)
The book covers the principal areas of research in the microeconomics of risk and information. Keeping to a strict two-dimensional environment, the relationship with intermediate undergraduate microeconomics is made clear. While an integral part of the book, the mathematics is presented at an introductory level.
The Microeconomics of Risk and Information covers the principal areas in the field, including risk aversion, simple portfolio theory, precautionary savings, production under risk, risk sharing in the Edgeworth box, adverse selection and moral hazard. Keeping to a strict two-dimensional environment and using only some basic calculus, this textbook is written principally for students of advanced undergraduate and beginning graduate courses in economics, finance, and other fields, who have studied microeconomics at the intermediate level. Compact and clear, the book reflects the author's twenty-year experience teaching the course in the one-semester format to students around the world.
The Microeconomics of Risk and Information covers the principal areas in the field, including risk aversion, simple portfolio theory, precautionary savings, production under risk, risk sharing in the Edgeworth box, adverse selection and moral hazard. Keeping to a strict two-dimensional environment and using only some basic calculus, this textbook is written principally for students of advanced undergraduate and beginning graduate courses in economics, finance, and other fields, who have studied microeconomics at the intermediate level. Compact and clear, the book reflects the author's twenty-year experience teaching the course in the one-semester format to students around the world.
RICHARD WATT is Associate Professor of Economics in the Department of Economics and Finance at the University of Canterbury, New Zealand.
Introduction
I INDIVIDUAL DECISION MAKING UNDER RISK
Risk and preferences
Risk aversion
Applications
II RISK SHARING ENVIRONMENTS
Perfect information
Adverse selection
Moral hazard
APPENDICES
Mathematical toolkit
A primer on consumer theory.
| Erscheint lt. Verlag | 11.5.2011 |
|---|---|
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Gewicht | 508 g |
| Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie |
| ISBN-10 | 0-230-28079-X / 023028079X |
| ISBN-13 | 978-0-230-28079-3 / 9780230280793 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
Wirtschaftszusammenhänge verstehen und mitreden können
Buch | Softcover (2023)
Wiley-VCH (Verlag)
CHF 27,95
die psychologischen Determinanten menschlicher Entscheidungen
Buch | Softcover (2024)
Kohlhammer (Verlag)
CHF 54,60
