Posted in Presentation Slides: Monday, February 12, 2007
In any society (economy) individuals who are privately informed write contracts. Can one make sure that the contract written is a "good" one? But what is a good contract? What properties should a good contract have? Does superior private information play a role in the formation of a contract? Are good contracts implementable? Can one characterize good contracts? Can we learn anything from observing how contracts were written in the past? How long does it take to learn? Is it possible to predict future contracts?
Presented Feb. 12th, 2007 as part of the Prestige Lecture Series