Economics of Information

1    Bayes and Minimax Solutions of Sequential Decision Problems......Page 6
2    Admissible Points of Convex Sets......Page 43
3    Statistics and Economic Policy......Page 48
4    Decision Theory and Operations Research......Page 60
5   Decision Theory and the Choice of a Level of Significance for the t-Test......Page 71
6   Insurance, Risk, and Resource Allocation......Page 82
7   Statistical Requirements for Greek Economic Planning......Page 92
8   The Economics of Moral Hazard: Further Comment......Page 108
9   The Value of and Demand for Information......Page 111
10  Higher Education as a Filter......Page 120
11  Information and Economic Behavior......Page 141
12  Limited Knowledge and Economic Analysis......Page 158
13  On the Agenda of Organizations......Page 172
14  Vertical Integration and Communication......Page 190
15  Risk Allocation and Information: Some Recent Theoretical Developments......Page 202
16  The Property Rights Doctrine and Demand Revelation under Incomplete Information......Page 221
17  Allocation of Resources in Large Teams......Page 238
18  On Partitioning a Sample with Binary-Type Questions in Lieu of Collecting Observations......Page 267
Index......Page 286