Risk and the State
Lebel, Phillip G.![Risk and the State](https://support.digitalhusky.com/media/annotations/sorted/392/39268728/CHSBZCOP0339268728.jpg)
Economics demonstrates how markets can serve as remarkably efficient institutions in allocating scarce resources. At the same time, incomplete information generates prices that can lead to a mis-allocation, producing in some cases too little while in others too much of a good. Matters become more complicated when striking a balance is influenced by our perceptions of risk. Here, neuroscience provides insights into which, and what kind of publi...