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Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard

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  • Prescott, Edward C
  • Townsend, Robert M

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  • Prescott, Edward C & Townsend, Robert M, 1984. "Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard," Econometrica, Econometric Society, vol. 52(1), pages 21-45, January.
    • Handle: RePEc:ecm:emetrp:v:52:y:1984:i:1:p:21-45
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    References listed on IDEAS

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    1. Gordon, Donald F, 1974. "A Neo-Classical Theory of Keynesian Unemployment," Economic Inquiry, Western Economic Association International, vol. 12(4), pages 431-459, December.
    2. Wilson, Charles, 1977. "A model of insurance markets with incomplete information," Journal of Economic Theory, Elsevier, vol. 16(2), pages 167-207, December.
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