This volume contains five pairs of specially commissioned essays surveying some of the most important and rapidly growing areas of the economics of uncertainty. These essays provide an entry into, and overview of, some of the most recent developments in economics. The chapters are arranged in matched pairs, the first of each being a statement of the latest theoretical findings in each field, and the second providing an overview of the policy and/or empirical implications of that field. The first pair of chapters looks at the foundations of decision-making under uncertainty and the second at the important principal/agent theory which has provided much insight into economic phenomena. The third pair overviews search theory, one of the most significant developments of the last decade, while the fourth pair surveys the theory of contracts. The final pair of chapters examines the economics of tax evasion, both theoretically and empirically.
- ISBN10 0631168915
- ISBN13 9780631168911
- Publish Date 22 June 1989
- Publish Status Out of Print
- Out of Print 12 January 1995
- Publish Country GB
- Publisher John Wiley and Sons Ltd
- Imprint Blackwell Publishers
- Edition New edition
- Format Paperback
- Pages 240
- Language English