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