Mathematical model used in substantiating optimal contract

The theory of optimal contracts refers to the market state, in which the bidders, the participants in the execution of transactions, have a certain number of certain information higher or lower. Normally, anyone who concludes a contract, regardless of its nature and we refer to the business environm...

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Bibliographic Details
Main Authors: Constantin ANGHELACHE, Dumitru MARIN, Dana Luiza GRIGORESCU
Format: Article
Language:English
Published: General Association of Economists from Romania 2020-06-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1449.pdf