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An Introduction to the Economics of Information: Incentives and Contracts Ines Macho-Stadler, J., David Perez-Castrillo
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David Pérez-Castrillo, An to the Economics of Information: Incentives and Contracts, Oxford. An Introduction to the Economics of Information: Incentives and Contracts (Spanish Edition)Ines Macho-Stadler, J. Salanié, "The Economics of Contracts", 2005. Performance incentives for contractual compliance are introduced. Renegotiation on the basis of this newly acquired information. €� Content: An introduction to the economics of information, presenting models of. The analysis is a principal-agent model incorporating incentive structures and risk - . Incentive-compatible contracts work as standard economic theory . May have costly side effects that have been largely neglected by economists. Economics of Information (Incentives and contracts). Macho-Stadler, Perez-Castrillo, "An Introduction to the Economics of Information: Incentives and Contracts", 2001. Moreover, one would Another approach is the introduction of work or service contracts.