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Optimal contracts and competitive markets with costly state verification

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Author Info
Townsend, Robert M.

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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 21 (1979)
Issue (Month): 2 (October)
Pages: 265-293
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Handle: RePEc:eee:jetheo:v:21:y:1979:i:2:p:265-293

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Web page: http://www.elsevier.com/locate/inca/622869

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Sanford J. Grossman & Joseph E. Stiglitz, 1980. "On the Impossibility of Informationally Efficient Markets," NBER Reprints 0121, National Bureau of Economic Research, Inc.
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  2. Caspi, Yaffa Machnes, 1978. "A Limit Theorem on the Core of an Economy with Individual Risks," Review of Economic Studies, Blackwell Publishing, vol. 45(2), pages 267-71, June. [Downloadable!] (restricted)
  3. Hirshleifer, Jack, 1971. "The Private and Social Value of Information and the Reward to Inventive Activity," American Economic Review, American Economic Association, vol. 61(4), pages 561-74, September. [Downloadable!] (restricted)
  4. Stephen A. Ross, 1977. "The Determination of Financial Structure: The Incentive-Signalling Approach," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 23-40, Spring. [Downloadable!] (restricted)
  5. Shavell, Steven, 1979. "On Moral Hazard and Insurance," The Quarterly Journal of Economics, MIT Press, vol. 93(4), pages 541-62, November. [Downloadable!] (restricted)
  6. Spence, Michael & Zeckhauser, Richard, 1971. "Insurance, Information, and Individual Action," American Economic Review, American Economic Association, vol. 61(2), pages 380-87, May.
  7. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September. [Downloadable!] (restricted)
  8. Robert Wilson, 1975. "Informational Economies of Scale," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 184-195, Spring. [Downloadable!] (restricted)
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This page was last updated on 2008-8-21.

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