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The cost of misinformation (English, Paperback, Chander Mehra)

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Author

Chander Mehra

Highlights

Language: English
Binding: Paperback
Publisher: Notion press
Genre: SOCIAL SCIENCE / Social Work
ISBN: 9781647331092, 9781647331092
Edition: 1, 2019
Pages: 35

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Description

How accurate is the assumption of perfect information in real markets? In particular, for complex goods such as housing, quality is possibly unobserved. This would lead to an inefficient allocation of resources and loss of welfare.

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Book Details

Publication Year

2019

Contributors

Author Info

Chander Mehra, 85, is a former editor-columnist-author. Hospitalized for eight years, he has worked in senior positions in India and Africa . He has survived through trying times during the regimes of African tyrants as well as during the Emergency in India. In Kenya, he was detained without trial thrice because his commentaries in The Statesman India were inimical to the dictator. Even today, he is a “Prohibited Immigrant”. The manuscript of his book, Good Governance: The Great Debate, and several papers were and are lost forever. In India, during the Emergency, he was briefly detained for editing the manuscript of Jayaprakash Narayan’s TOTAL REVOLUTION. Chander Mehra’s published books include: two novels, Jihad Rediscovered, banned by some Islamic states, and Soldiers of Allah (Amazon, 2013), written in-between episodes of cardiac arrest.

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