The purpose of this book is to give the reader an introduction to information economics in the context of applied real estate scenarios. It is ideal reading for courses in real estate economics, information economics, and real estate management.
The purpose of this book is to give the reader an introduction to information economics in the context of applied real estate scenarios. It is ideal reading for courses in real estate economics, information economics, and real estate management.
Fredrik Armerin has a PhD in Mathematical Statistics from KTH Royal Institute of Technology, and a licentiate degree in Real Estate and Construction Management, also from KTH Royal Institute of Technology. He is a Fellow of The Institute of Mathematics and its Applications. Madeleine Hoeft is a commercial asset manager in a global real estate investment firm in Frankfurt, Germany. She has an academic background in Real Estate and Construction Management (MSc) from KTH Royal Institute of Technology, National University of Singapore and Stanford University, and has gained professional experience in the field of property and asset management, transaction advisory and construction project management.
Inhaltsangabe
Preface xiii Acknowledgements xvii Contributors xix I Foundations 1 Basic microeconomics 2 Game theory II Market perspective 3 Oligopolies 4 Strategic interactions III Organizational perspective 5 Models with randomness 6 Contracts 7 Hidden characteristics and adverse selection 8 Hidden actions and moral hazard 9 Property rights A Additional material Bibliography Index
Preface xiii Acknowledgements xvii Contributors xix I Foundations 1 Basic microeconomics 2 Game theory II Market perspective 3 Oligopolies 4 Strategic interactions III Organizational perspective 5 Models with randomness 6 Contracts 7 Hidden characteristics and adverse selection 8 Hidden actions and moral hazard 9 Property rights A Additional material Bibliography Index
Preface xiii
Acknowledgements xvii
Contributors xix
I Foundations
1 Basic microeconomics
2 Game theory
II Market perspective
3 Oligopolies
4 Strategic interactions
III Organizational perspective
5 Models with randomness
6 Contracts
7 Hidden characteristics and adverse selection
8 Hidden actions and moral hazard
9 Property rights
A Additional material
Bibliography
Index
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