£87.96

Cambridge University Press Incentives: Motivation and the Economics of Information

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£91.08 £33.54 £46.09 £58.65 £71.20 £83.76 £96.31 01 December 2024 27 March 2025 21 July 2025 14 November 2025 10 March 2026

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Description

When incentives work well, individuals prosper. When incentives are poor, the pursuit of self-interest is self-defeating. This book is wholly devoted to the topical subject of incentives from individual, collective, and institutional standpoints. This third edition is fully updated and expanded, including a new section on the 2007–08 financial crisis and a new chapter on networks as well as specific applications of school placement for students, search engine ad auctions, pollution permits, and more. Using worked examples and lucid general theory in its analysis, and seasoned with references to current and past events, Incentives: Motivation and the Economics of Information examines: the performance of agents hired to carry out specific tasks, from taxi drivers to CEOs; the performance of institutions, from voting schemes to medical panels deciding who gets kidney transplants; a wide range of market transactions, from auctions to labor markets to the entire economy. Suitable for advanced undergraduate and graduate students studying incentives as part of courses in microeconomics, economic theory, managerial economics, political economy, and related areas of social science.

Product Specifications

Format
Hardcover
Domain
Amazon UK
Release Date
22 February 2018
Listed Since
30 June 2017

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