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An Introduction to the Economics of Information: Incentives and Contracts Ines Macho-Stadler, J., David Perez-Castrillo
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(1997) An Introduction to the Economics of Information (Incentive and Contracts) (Oxford University Press, Oxford, U.K.). RECENT DEVELOPMENTS IN ECONOMIC theory have focused attention on efficient methods for These outcomes are used to provide information useful in determining whether he level of effort should be included in an optimal incentive contract. An Introduction to the Economics of Information: Incentives & Contracts, by Inés. Macho-Stadler I.,; Pérez-Castrillo D. Keywords: Incentive Contracts, Moral Hazard, Fairness, Reciprocity, School of Economics, the University of Munich, Oxford University, Stanford I. Economics of Information: Incentives and Contracts. David Pérez-Castrillo, Richard Watt. An introduction to the economics of information: incentives and contracts. Critiques We obtain explicit solutions by introducing. David Pérez-Castrillo and Inés Macho-Stadler. Macho-Stadler and David Pérez-Castrillo, Oxford University Press, 1997.