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ECON607  Contract Theory

0.1250 EFTS

Occurrences

  • ECON607-12S1 (C) Semester One 2012
  • ECON607-12S2 (C) Semester Two 2012 - Not Offered

Description

The design of contracts from an economic perspective and how their design is affected by various factors. Such factors include hidden actions within a transaction; the characteristics of participants and the ability to signal and hide such characteristics; the impact of time and repeated contracts; and when some aspects of a transaction cannot be described, monitored, verified, or enforced.