Economics of Information
Expectations About the Future
Calculating Expected Values
Limited Information About Prices
Search Costs
Price Differences Between Stores
Searching for a Good Match
Applications of Search Theory
Firms Have Limited Information About Demand
Risk
Diversification
Risk Aversion
Moral Hazard
Optimal Contracts
Monitoring
Applications of Moral Hazard
Adverse Selection
Examples of Adverse Selection
Limits on Adverse Selection Problems
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