Optimal contracts and competitive markets with costly state verification (Q1146099): Difference between revisions

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Optimal contracts and competitive markets with costly state verification
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    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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