Schmitz, Patrick W. (2003): Unmöglichkeitstheoreme bei asymmetrischer Information. Published in: Wirtschaftswissenschaftliches Studium , Vol. 4, No. 32 (2003): pp. 239-242.
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Abstract
This paper illustrates in a simple model how the presence of asymmetric information can make it impossible to achieve ex post efficient trade decisions in negotiations.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Unmöglichkeitstheoreme bei asymmetrischer Information |
| Language: | German |
| Subjects: | D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D86 - Economics of Contract: Theory D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information; Mechanism Design |
| Item ID: | 6934 |
| Depositing User: | Patrick W. Schmitz |
| Date Deposited: | 01. Feb 2008 12:48 |
| Last Modified: | 12. Feb 2013 07:04 |
| URI: | http://mpra.ub.uni-muenchen.de/id/eprint/6934 |
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