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Incentives : Motivation and the Economics of Information - 2nd edition

Incentives : Motivation and the Economics of Information (ISBN10: 0521539749; ISBN13: 9780521539746)
ISBN13: 978-0521539746
ISBN10: 0521539749

This edition has also been released as:
ISBN13: 978-0521832045
ISBN10: 0521832047

Summary: This book examines the incentives at work in a wide range of institutions to see how and how well coordination is achieved by informing and motivating individual decision makers. The book examines the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs. It investigates the performance of institutions, from voting schemes to kidney transplants, to see if they enhance general well being. The book examines a broad range of market transacti
ons, from auctions to labor markets, to the entire economy. The analysis is conducted using specific worked examples, lucid general theory, and illustrations drawn from news stories. Of the seventy different topics and sections, only twelve require a knowledge of calculus. The second edition offers new chapters on auctions, matching and assignment problems, and corporate governance. Boxed examples are used to highlight points of theory and are separated from the main text.
  • New edition offers 3 new chapters on auctions, matching and assignment problems, and corporate governance
  • Treatment carefully links theory, worked out examples, and illustrations from news stories
  • There is a wide range of topics explained from first principles arranged in a modular fashion
...show more
Summary: This book examines the incentives at work in a wide range of institutions to see how and how well coordination is achieved by informing and motivating individual decision makers. The book examines the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs. It investigates the performance of institutions, from voting schemes to kidney transplants, to see if they enhance general well being. The book examines a broad range of market transactions, from auctions to labor markets, to the entire economy. The analysis is conducted using specific worked examples, lucid general theory, and illustrations drawn from news stories. Of the seventy different topics and sections, only twelve require a knowledge of calculus. The second edition offers new chapters on auctions, matching and assignment problems, and corporate governance. Boxed examples are used to highlight points of theory and are separated from the main text.
  • New edition offers 3 new chapters on auctions, matching and assignment problems, and corporate governance
  • Treatment carefully links theory, worked out examples, and illustrations from news stories
  • There is a wide range of topics explained from first principles arranged in a modular fashion
...show less

Edition/Copyright: 2ND 06
Cover: Paperback
Publisher: Cambridge University Press
Year Published: 2006
International: No

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