Information is a key issue in decision making in economics and business. Being 'in the know' confers strategic advantages to people, allowing them to lie and/or cheat on their uninformed opponents. This text is designed to take students through key issues to give an understanding of the impact of imperfect and information in an economic context.
Information is a key issue in decision making in economics and business. Being 'in the know' confers strategic advantages to people, allowing them to lie and/or cheat on their uninformed opponents. This text is designed to take students through key issues to give an understanding of the impact of imperfect and information in an economic context.