Singh, Nirvikar (2010): Uncertainty and Information: An Expository Essay.
Preview |
PDF
MPRA_paper_21556.pdf Download (188kB) | Preview |
Abstract
This essay provides an elementary, unified introduction to resource allocation under uncertainty in competitive markets. The coverage includes decision-making under uncertainty, measuring risk and risk aversion, insurance and asset markets, and asymmetric information.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Uncertainty and Information: An Expository Essay |
| Language: | English |
| Keywords: | Uncertainty, risk, risk aversion, insurance, asset markets, asymmetric information |
| Subjects: | D - Microeconomics > D0 - General > D01 - Microeconomic Behavior: Underlying Principles D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D80 - General |
| Item ID: | 21556 |
| Depositing User: | Nirvikar Singh |
| Date Deposited: | 24 Mar 2010 06:07 |
| Last Modified: | 04 Oct 2019 09:35 |
| References: | Kreps, David, 1990, A Course in Microeconomic Theory, Princeton, NJ: Princeton University. Mas-Colell, Andreu, Michael D. Whinston, and Jerry R. Green, 1995, Microeconomic Theory, New York: Oxford University Press. Singh, Nirvikar, 2010, “Market Institutions: An Expository Essay,” University of California, Santa Cruz, Department of Economics. Varian, Hal R., 1992, Microeconomic Analysis, 3rd ed., New York: Norton. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/21556 |
All papers reproduced by permission. Reproduction and distribution subject to the approval of the copyright owners.
 |
View Item |
