Optimal contracts and competitive markets with costly state verification (Q1146099)
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scientific article; zbMATH DE number 3698673
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Optimal contracts and competitive markets with costly state verification |
scientific article; zbMATH DE number 3698673 |
Statements
Optimal contracts and competitive markets with costly state verification (English)
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1979
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optimal contracts
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competitive markets
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costly state verification
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two- agent pure exchange economy
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allocation of resources
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asymmetric information
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uncertainty about nature
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costly information transmission
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