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Chapter Thirteen: Incomplete information and irrationality
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Chapters in this book
- Frontmatter i
- Contents vii
- Preface xv
- Chapter One: An overview 1
-
Part I: Individual and social choice
- Chapter Two: The theory of consumer choice and demand 17
- Chapter Three: Choice under uncertainty 71
- Chapter Four: Dynamic choice 133
- Chapter Five: Social choice and efficiency 149
-
Part II: The price mechanism
- Chapter Six: Pure exchange and general equilibrium 187
- Chapter Seven: The neoclassical firm 233
- Chapter Eight: The competitive firm and perfect competition 263
- Chapter Nine: Monopoly 299
- Chapter Ten: Imperfect competition 325
-
Part III: Noncooperative game theory
- Chapter Eleven: Modeling competitive situations 355
- Chapter Twelve: Solution concepts for noncooperative games 387
- Chapter Thirteen: Incomplete information and irrationality 463
- Chapter Fourteen: Repeated play: Cooperation and reputation 503
- Chapter Fifteen: Bilateral bargaining 551
-
Part IV: Topics in information economics
- Chapter Sixteen: Moral hazard and incentives 577
- Chapter Seventeen: Adverse selection and market signaling 625
- Chapter Eighteen: The revelation principle and mechanism design 661
-
Part V: Firms and transactions
- Chapter Nineteen: Theories of the firm 723
- Chapter Twenty: Transaction cost economics and the firm 743
- Postscript 771
- Appendix One: Constrained optimization 775
- Appendix Two: Dynamic programming 791
- Index 817
Chapters in this book
- Frontmatter i
- Contents vii
- Preface xv
- Chapter One: An overview 1
-
Part I: Individual and social choice
- Chapter Two: The theory of consumer choice and demand 17
- Chapter Three: Choice under uncertainty 71
- Chapter Four: Dynamic choice 133
- Chapter Five: Social choice and efficiency 149
-
Part II: The price mechanism
- Chapter Six: Pure exchange and general equilibrium 187
- Chapter Seven: The neoclassical firm 233
- Chapter Eight: The competitive firm and perfect competition 263
- Chapter Nine: Monopoly 299
- Chapter Ten: Imperfect competition 325
-
Part III: Noncooperative game theory
- Chapter Eleven: Modeling competitive situations 355
- Chapter Twelve: Solution concepts for noncooperative games 387
- Chapter Thirteen: Incomplete information and irrationality 463
- Chapter Fourteen: Repeated play: Cooperation and reputation 503
- Chapter Fifteen: Bilateral bargaining 551
-
Part IV: Topics in information economics
- Chapter Sixteen: Moral hazard and incentives 577
- Chapter Seventeen: Adverse selection and market signaling 625
- Chapter Eighteen: The revelation principle and mechanism design 661
-
Part V: Firms and transactions
- Chapter Nineteen: Theories of the firm 723
- Chapter Twenty: Transaction cost economics and the firm 743
- Postscript 771
- Appendix One: Constrained optimization 775
- Appendix Two: Dynamic programming 791
- Index 817