کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
357564 1435551 2013 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Bridging the gap between elementary and advanced approaches to teaching adverse selection
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Bridging the gap between elementary and advanced approaches to teaching adverse selection
چکیده انگلیسی

The paper proposes a framework for teaching adverse selection based on simple graphical and numerical arguments. This framework goes beyond the typical case of discrete quality levels currently found in intermediate microeconomics books and allows for a (more realistic) continuum of quality levels without the resort to integral calculus. This proposed approach is useful for putting the emphasis on the beliefs of individuals about the behaviour of others and for considering thin markets and market vanishing as outcomes of dynamic processes.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Economics Education - Volume 12, January 2013, Pages 12–19
نویسندگان
,