asymmetrical information

Information Economics and Macroeconomics Theory

     Roger Meyerson Noble Laureate and Professor of Economics at the University of Chicago Wednesday 18 June, 17:00-18:00, Refettorio, Badia Before the development of information economics in the 1970s, there was no microeconomics of banking on which macroeconomic theory could be based.  Moral-hazard agency theory and the economics of information can provide the basis for […]