光滑 发表于 2025-3-23 13:25:53
Fraud, to choose a course of action he would not have chosen had he been properly informed. The essential element of this phenomenon is the presence of two individuals both of whom have something to gain from co-operating with each other but who have conflicting interests and differential information. Mor音乐戏剧 发表于 2025-3-23 16:57:53
Hidden Actions, Moral Hazard and Contract Theory,s behaviour. As an extreme but standard example, a fire insurance holder may burn the property in order to obtain the insured sums. Although the expression can be found in earlier literature, its extensive use in economics can be dated from Arrow’s . (1971), which had a decisive influence in popularHla461 发表于 2025-3-23 20:46:33
http://reply.papertrans.cn/16/1539/153832/153832_13.png假装是你 发表于 2025-3-24 01:15:58
Incentive Compatibility, the Pareto-efficient allocation of resources or the equitable resolution of disputes. In many situations it is relatively easy to conceive of feasible processes; processes which will accomplish the goals if all participants follow the rules and are capable of handling the informational requirements装入胶囊 发表于 2025-3-24 04:20:55
Incomplete Contracts,nderstanding of the standard theory of perfect competition under complete markets, but more importantly to the resulting realization that this paradigm is insufficient to accommodate a number of important economic phenomena. Studying in more detail the process of contracting — particularly its hazar自制 发表于 2025-3-24 09:35:12
http://reply.papertrans.cn/16/1539/153832/153832_16.pngVOK 发表于 2025-3-24 13:43:21
Market Failure,ve an equilibrium allocation of resources which is Pareto optimal. This characteristic of markets, which was loosely conjectured by Adam Smith, has received its clearest expression in the theorems of modern welfare economics. For our purposes, the first of these, named the First Fundamental Theoremsuperfluous 发表于 2025-3-24 16:45:28
2946-9805 ject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.978-0-333-49539-1978-1-349-20215-7Series ISSN 2946-9805 Series E-ISSN 2946-9813盖他为秘密 发表于 2025-3-24 21:50:23
http://reply.papertrans.cn/16/1539/153832/153832_19.pngAncestor 发表于 2025-3-25 01:19:48
http://reply.papertrans.cn/16/1539/153832/153832_20.png