The Economics of missing markets, information, and games

By Frank Hahn

Subjects: Entscheidung bei Unsicherheit, Unvollkommener Markt, Wirtschaftstheorie, Equilibrium (Economics), Economics, mathematical models, Information, Theorie de l', en economie politique, Unvollkommene Information, Aufsatzsammlung, Theorie des Jeux, Economisch evenwicht, Gleichgewichtstheorie, Game theory, Walrasianisches Gleichgewicht, Informatietheorie, Neoklassische Theorie, Spieltheorie, Equilibre (Economie politique), Theorie, Information theory in economics, Markt, Speltheorie, Economie, Wirtschaft, Informationstheorie

Description: This collection of papers is the result of a Cambridge University study of the consequences of missing markets, asymmetric information, market-dependent information, strategic market situations, and the role of quantity signals. The contributors also consider the behavior of overlapping generation models and their macroeconomic implications, providing a useful reference text on most of the main issues of current interest to economic theorists.