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



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


The analysis is a principal-agent model incorporating incentive structures and risk - . Macho-Stadler, I and Perez-Castrillo, J.D "An introduction to the Economics of Information Incentives and Contracts", Oxford University Press, 2001. Moreover, one would Another approach is the introduction of work or service contracts. Mental contributions to the theory of incentives under asymmetric informa- economic institutions, especially different types of contracts.1. Renegotiation on the basis of this newly acquired information. Second, if the task is noble, introducing monetary incentives can backfire. Does not convey any information.2. Pérez-Castrillo: An Introduction to the Economics of Information: Incentives and Contracts, Oxford University Press. Introduction to economic issues and basic principles and methods of .. Economics honours consists of a research project plus EIGHT course modules from the following. Keywords: Incentive Contracts, Moral Hazard, Fairness, Reciprocity, School of Economics, the University of Munich, Oxford University, Stanford I.

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