Joseph E. Stiglitz and his Works in Economics

The following points highlight the top four economic ideas of Joseph E. Stiglitz. The economic ideas are: 1. The Economics of Screening 2. Traditional Vs. Behavioural Theories of the Firm 3. Asymmetric Information 4. The Principal-Agent Problem. Economic Idea # 1. The Economics of Screening: Professor Joseph Stiglitz stressed the importance of the availability and transmission of information about alternative [...]