A Brief Overview of the Economics of Incomplete Markets
作者:
JEAN‐JACQUES LAFFONT,
期刊:
Economic Record
(WILEY Available online 1989)
卷期:
Volume 65,
issue 1
页码: 54-65
ISSN:0013-0249
年代: 1989
DOI:10.1111/j.1475-4932.1989.tb00678.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper was motivated by my participation in the Economic Theory Symposium of the 1988 Australian Economics Congress, Canberra. It represents only one perspective on an immense literature. As the reader will notice, I have often referred to my own work. for two reasons. The first is because it is what I know best, the second is to provide an illustration of the in efficiency resulting from the incentive constraints editors face in contracting for surveys.
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