國立虎尾科技大學 |

Applied Economic Analysis of Information and Risk

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Applied Economic Analysis of Information and Risk / edited by Moriki Hosoe, Iltae Kim.
其他作者:	Kim, Iltae.
面頁冊數:	VIII, 202 p. 80 illus.online resource. :
Contained By:	Springer Nature eBook
標題:	Public Finance. -
電子資源:	https://doi.org/10.1007/978-981-15-3300-6
ISBN:	9789811533006

Applied Economic Analysis of Information and Risk
Applied Economic Analysis of Information and Risk [electronic resource] /edited by Moriki Hosoe, Iltae Kim. - 1st ed. 2020. - VIII, 202 p. 80 illus.online resource.

Introduction: Applied Economics of Information and Risk -- An Incentive Mechanism with regard to Transaction-Specific Investment, and Information -- Bidding Mechanism of Monitoring and Collusion -- Effectiveness of Mandatory Disclosure for Consumer Policy -- Asymmetric Information, Ex-ante Regulation, and Ex-post Regulation -- Effort Observability and Wage and Promotion in an Internal Labor Market -- Comparative Analysis of Politician-Bureaucratic Governance Structure -- Risk and Risk Aversion -- The Subclasses of First-degree Stochastic Dominance (FSD) Shift and Their Comparative Static Analysis with Financial Market -- The Subclasses of Rothschild and Stiglitz (R-S) Increases in Risk and their Comparative Static Analysis and Insurance Market -- Some Relationships among FSD shifts and R-S increases in Risk with Labor Behavior -- Natural Desaster, Civil liability, and Safety Investment -- Environmental Risk and Extended liability.

This book examines interesting new topics in applied economics from the perspectives of the economics of information and risk, two fields of economics that address the consequences of asymmetric information, environmental risk and uncertainty for the nature and efficiency of interactions between individuals and organizations. In the economics of information, the essential task is to examine the condition of asymmetric information under which the information gap is exploited. For the economics of risk, it is important to investigate types of behavior including risk aversion, risk sharing, and risk prevention, and to reexamine the classical expected utility approach and the relationships among several types of the changes in risk. Few books have ever analyzed topics in applied economics with regard to information and risk. This book provides a comprehensive collection of applied analyses, while also revisiting certain basic concepts in the economics of information and risk. The book consists of two parts. In Part I, several aspects of applied economics are investigated, including public policy, labor economics, and political economics, from the standpoint of the economics of (asymmetric) information. First, several basic frameworks of the incentive mechanism with regard to transaction-specific investment are assessed, then various tools for market design and organization design are explored. In Part II, mathematical measures of risk and risk aversion are examined in more detail, and readers are introduced to stochastic selection rules governing choice behavior under uncertainty. Several types of change in the random variable for the cumulative distribution function (CDF) and probability distribution function (PDF) are discussed. In closing, the part investigates the comparative static results of these changes in CDF or PDF on the general decision model, incorporating uncertain situations in applied economics. .

ISBN: 9789811533006

Standard No.: 10.1007/978-981-15-3300-6doiSubjects--Topical Terms:

1104728
Public Finance.

LC Class. No.: HJ9-9940

Dewey Class. No.: 336

Applied Economic Analysis of Information and Risk
LDR:04219nam a22003975i 4500 001 1024802
003 DE-He213
005 20200701022706.0
007 cr nn 008mamaa
008 210318s2020 si | s |||| 0|eng d
020 $a 9789811533006 $9 978-981-15-3300-6
024 7 $a 10.1007/978-981-15-3300-6 $2 doi
035 $a 978-981-15-3300-6
050 4 $a HJ9-9940
072 7 $a KFFD $2 bicssc
072 7 $a BUS051000 $2 bisacsh
072 7 $a KFFD $2 thema
082 0 4 $a 336 $2 23
245 1 0 $a Applied Economic Analysis of Information and Risk $h [electronic resource] / $c edited by Moriki Hosoe, Iltae Kim.
250 $a 1st ed. 2020.
264 1 $a Singapore : $b Springer Singapore : $b Imprint: Springer, $c 2020.
300 $a VIII, 202 p. 80 illus. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
505 0 $a Introduction: Applied Economics of Information and Risk -- An Incentive Mechanism with regard to Transaction-Specific Investment, and Information -- Bidding Mechanism of Monitoring and Collusion -- Effectiveness of Mandatory Disclosure for Consumer Policy -- Asymmetric Information, Ex-ante Regulation, and Ex-post Regulation -- Effort Observability and Wage and Promotion in an Internal Labor Market -- Comparative Analysis of Politician-Bureaucratic Governance Structure -- Risk and Risk Aversion -- The Subclasses of First-degree Stochastic Dominance (FSD) Shift and Their Comparative Static Analysis with Financial Market -- The Subclasses of Rothschild and Stiglitz (R-S) Increases in Risk and their Comparative Static Analysis and Insurance Market -- Some Relationships among FSD shifts and R-S increases in Risk with Labor Behavior -- Natural Desaster, Civil liability, and Safety Investment -- Environmental Risk and Extended liability.
520 $a This book examines interesting new topics in applied economics from the perspectives of the economics of information and risk, two fields of economics that address the consequences of asymmetric information, environmental risk and uncertainty for the nature and efficiency of interactions between individuals and organizations. In the economics of information, the essential task is to examine the condition of asymmetric information under which the information gap is exploited. For the economics of risk, it is important to investigate types of behavior including risk aversion, risk sharing, and risk prevention, and to reexamine the classical expected utility approach and the relationships among several types of the changes in risk. Few books have ever analyzed topics in applied economics with regard to information and risk. This book provides a comprehensive collection of applied analyses, while also revisiting certain basic concepts in the economics of information and risk. The book consists of two parts. In Part I, several aspects of applied economics are investigated, including public policy, labor economics, and political economics, from the standpoint of the economics of (asymmetric) information. First, several basic frameworks of the incentive mechanism with regard to transaction-specific investment are assessed, then various tools for market design and organization design are explored. In Part II, mathematical measures of risk and risk aversion are examined in more detail, and readers are introduced to stochastic selection rules governing choice behavior under uncertainty. Several types of change in the random variable for the cumulative distribution function (CDF) and probability distribution function (PDF) are discussed. In closing, the part investigates the comparative static results of these changes in CDF or PDF on the general decision model, incorporating uncertain situations in applied economics. .
650 2 4 $a Public Finance. $3 1104728
650 2 4 $a R & D/Technology Policy. $3 669186
650 2 4 $a Political Economy/Economic Systems. $3 1210824
650 2 4 $a Regional/Spatial Science. $3 768625
650 1 4 $a Public Economics. $3 1069070
650 0 $a Insurance. $3 657865
650 0 $a Finance, Public. $3 556260
650 0 $a Economics. $3 555568
650 0 $a Economic policy. $3 555567
650 0 $a Spatial economics. $3 1197943
650 0 $a Regional economics. $3 561880
650 0 $a Public finance. $2 bicssc $3 809028
700 1 $a Kim, Iltae. $e editor. $4 edt $4 http://id.loc.gov/vocabulary/relators/edt $3 1281919
700 1 $a Hosoe, Moriki. $4 edt $4 http://id.loc.gov/vocabulary/relators/edt $3 1211669
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9789811532993
776 0 8 $i Printed edition: $z 9789811533013
776 0 8 $i Printed edition: $z 9789811533020
856 4 0 $u https://doi.org/10.1007/978-981-15-3300-6
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)