Indescribability and asymmetric information at the contracting stage
Maskin and Tirole [Maskin, E., Tirole, J., 1999. Unforeseen contingencies and incomplete contracts. Review of Economic Studies, 66, 83–114] show that indescribability does not matter for contractual incompleteness when there is symmetric information both at the contracting stage and at the trading s...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/2007 https://ink.library.smu.edu.sg/context/soe_research/article/3006/viewcontent/1_s20_S0165176507002947_main.pdf |
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| Institution: | Singapore Management University |
| Language: | English |