Uncertainty and Information: An Expository Essay
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.
|Date of creation:||22 Mar 2010|
|Date of revision:|
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- Nirvikar Singh, 2011.
"Market Institutions: An Expository Essay,"
Journal of Academic Research in Economics,
Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 3(1 (March)), pages 34-51.
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