Reddit reviews An Introduction to the Economics of Information: Incentives and Contracts

not 100% business, but it is still one of my favs. Fundamental Methods of Mathematical Economics

Also, in my wish list:

• An Introduction to the Economics of Information: Incentives and Contracts - EDIT note: look what i found, a pdf version. link
  
  
• Incentives: Motivation and the Economics of Information

There are not many undergraduate level books, but the main one on asymmetric information is

http://www.amazon.com/Introduction-Economics-Information-Incentives-Contracts/dp/0199243255/ref=pd_cp_14_3?ie=UTF8&refRID=0B89BW0MXS2476VVNGXT

It goes through adverse selection (akerloff, Stiglitz and Rothschild), signaling (spence), and moral hazard.

As for evolution, you may want to look into agent based models of how information spreads in a market. Microeconomics by Bowles is good, but maybe a bit too advanced to start with. Schellings "Micromotives and Macro..." Is a good popular introduction to these issues.

The point of much of the principal agent literature has been to show how markets mitigate asymmetric information and moral hazard problems.