These three elegant essays develop principles central to the understanding of the diverse ways in which imperfect information affects the distribution of resour

A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot

Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theor

Leading theorists offer insights on the role of uncertainty and information in the market.

This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncer