Theory of imperfect information: implications of economic policy. Conference at Universidad Andina Simón Bolívar, Sede Ecuador, in the delivery of the Doctorate Honoris Causa

Authors

  • Joseph Stiglitz Banco Mundial

Abstract

In this talk, Joseph Stiglitz presents a scheme of his theory on imperfect information, and its implications on economic theory. In this presentation, he questions several economic premises, and argues that market failures occur every time information is imperfect or markets are in-complete. Stiglitz's theory of imperfect information underscores the economic ideas generally known as the "Washington consensus': ideas he thinks come from a market fundamentalist view.

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Author Biography

Joseph Stiglitz, Banco Mundial

Stiglitz se ha desempeñado como jefe de asesores económicos del presidente Clinton y como vicepresidente del Banco Mundial. Ha tenido una larga carrera como académico en universidades de Estados Unidos

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How to Cite

Stiglitz, J. (2016). Theory of imperfect information: implications of economic policy. Conference at Universidad Andina Simón Bolívar, Sede Ecuador, in the delivery of the Doctorate Honoris Causa. Comentario Internacional. Journal of the Andean Center of International Studies, (3), 219–226. Retrieved from https://revistas.uasb.edu.ec/index.php/comentario/article/view/221

Issue

No. 3 (2002): ALCA: ¿(im)posible?

Section

Special Events

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