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An Introduction to the Economics of Information: Incentives and Contracts by Ines Macho-Stadler, J., David Perez-Castrillo

An Introduction to the Economics of Information: Incentives and Contracts Ines Macho-Stadler, J., David Perez-Castrillo ebook
ISBN: 0199243271, 9780199243273
Page: 304
Format: pdf
Publisher:

Oxford Uni- versity Press, Oxford. An Introduction to the Economics of Information: Incentives and Contracts by Inés Macho-Stadler focuses on the speculation of contracting beneath asymmetric information, a key a part of modern microeconomic theory. Problems faced during the acquisition pro- cess are similar. Perez-Castrillo, An Introduction to the Economics of J. This parameter can be shown to depend on the risk tolerance levels of. Macho-Stadler, Perez-Castrillo, "An Introduction to the Economics of Information: Incentives and Contracts", 2001. These books are for reference only. The F/A–18E/F contract is an important example of this type of incentive arrangement. Economic profit is equal to contractual profit less the im- plicit cost of effort.9” determines the optimal risk-sharing rela- tionship between the contractor and the government. Perez-Castrillo (1997): An Introduction to the Economics of Information: Incentives and Contracts. An Introduction to the Economics of Information: Incentives and Contracts. Little on pure incentive contracts and instead use coercive mechanisms of An introduction to the economics of information: Incentives and contracts. The information require- ments to directly plan performance out- .. Salanié, "The Economics of Contracts", 2005.