Information Economics

Business & Finance, Economics, Microeconomics
Cover of the book Information Economics by Urs Birchler, Monika Bütler, Taylor and Francis
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Author: Urs Birchler, Monika Bütler ISBN: 9781134190577
Publisher: Taylor and Francis Publication: June 23, 1999
Imprint: Routledge Language: English
Author: Urs Birchler, Monika Bütler
ISBN: 9781134190577
Publisher: Taylor and Francis
Publication: June 23, 1999
Imprint: Routledge
Language: English

This new text book by Urs Birchler and Monika Butler is an introduction to the study of how information affects economic relations. The authors provide a narrative treatment of the more formal concepts of Information Economics, using easy to understand and lively illustrations from film and literature and nutshell examples.

The book first covers the economics of information in a 'man versus nature' context, explaining basic concepts like rational updating or the value of information. Then in a 'man versus man' setting, Birchler and Butler describe strategic issues in the use of information: the make-buy-or-copy decision, the working and failure of markets and the important role of outguessing each other in a macroeconomic context. It closes with a 'man versus himself' perspective, focusing on information management within the individual.

This book also comes with a supporting website (www.alicebob.info), maintained by the authors.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This new text book by Urs Birchler and Monika Butler is an introduction to the study of how information affects economic relations. The authors provide a narrative treatment of the more formal concepts of Information Economics, using easy to understand and lively illustrations from film and literature and nutshell examples.

The book first covers the economics of information in a 'man versus nature' context, explaining basic concepts like rational updating or the value of information. Then in a 'man versus man' setting, Birchler and Butler describe strategic issues in the use of information: the make-buy-or-copy decision, the working and failure of markets and the important role of outguessing each other in a macroeconomic context. It closes with a 'man versus himself' perspective, focusing on information management within the individual.

This book also comes with a supporting website (www.alicebob.info), maintained by the authors.

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