×

zbMATH — the first resource for mathematics

Optimal contracts and competitive markets with costly state verification. (English) Zbl 0446.90007

MSC:
91B50 General equilibrium theory
PDF BibTeX XML Cite
Full Text: DOI
References:
[1] Arrow, K.J, Limited information and economic analysis, Amer. econ. rev., 64, 1-10, (1974)
[2] Arrow, K.J, On optimal insurance policies, (), appendix to essay 8 · Zbl 0131.36605
[3] Arrow, K.J, Optimal insurance and generalized deductibles, () · Zbl 0306.90009
[4] Arrow, K.J, The role of securities in the optimal allocations if risk bearing, Rev. econ. studies, 31, 91-96, (1964)
[5] Arrow, K.J; Hahn, F, General competitive analysis, (1971), Holden Day San Francisco, Calif · Zbl 0311.90001
[6] Caspi, Y.M, A limit theorem on the core of an economy with individual risks, Rev. econ. studies, 267-271, (1978) · Zbl 0382.90115
[7] Debreu, G, Theory of value, (1959), Wiley New York · Zbl 0193.20205
[8] Green, J, Pre-existing contracts and temporary general equilibrium, ()
[9] Grossman, S; Stiglitz, J, On the impossibility of informationally efficient markets, ()
[10] Harris, M; Raviv, A, Optimal incentive contracts with imperfect information, J. econ. theory, 20, 231-259, (1979) · Zbl 0417.90005
[11] Helpman, E; Laffont, J, On moral hazard in general equilibrium theory, J. econ. theory, 10, 8-23, (1975) · Zbl 0323.90016
[12] Hirshleifer, J, The private and social value of information and the reward to inventive activity, Amer. econ. rev., 61, 561-574, (1971)
[13] Hurwicz, L, On informationally decentralized systems, (), Chap. 14 · Zbl 0254.90009
[14] Kihlstrom, R; Pauly, M, The role of insurance in the allocation of risk, Amer. econ. rev., 61, 371-379, (1971)
[15] Prescott, E; Townsend, R, On competitive theory with private information, ()
[16] Radner, R, Competitive equilibrium under uncertainty, Econometrica, 36, 31-58, (1968) · Zbl 0167.18601
[17] Raviv, A, Mathematical models for optimal insurance policy selection, ()
[18] Ross, S, The determination of financial structure: the incentive-signaling approach, Bell J. econ., 8, 23-40, (1977)
[19] Rothschild, M; Stiglitz, J, Increasing risk, I: A definition, J. econ. theory, 2, 225-243, (1970)
[20] Shavell, S, On moral hazard and insurance, harvard institute of economic research, (), forthcoming in Quart. J. Econ.
[21] Spence, M; Zeckhauser, R, Insurance, information and individual action, Amer. econ. rev., 61, 380-387, (1971)
[22] Wilson, R, Informational economies of scale, Bell J. econ., 6, 184-195, (1975)
[23] Wilson, R, On the theory of syndicates, Econometrica, 36, 119-132, (1968)
This reference list is based on information provided by the publisher or from digital mathematics libraries. Its items are heuristically matched to zbMATH identifiers and may contain data conversion errors. It attempts to reflect the references listed in the original paper as accurately as possible without claiming the completeness or perfect precision of the matching.