On the Value of Commitment with Asymmetric Information (Q5689666)
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scientific article; zbMATH DE number 961710
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On the Value of Commitment with Asymmetric Information |
scientific article; zbMATH DE number 961710 |
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On the Value of Commitment with Asymmetric Information (English)
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7 January 1997
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renegotiation
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short-term contracts
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adverse selection
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multiperiod principal-agent relationship
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long-run efficiency
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