Satisficing Contracts
收藏NBER2009-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14654
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资源简介：
We propose a model of equilibrium contracting between two agents who are "boundedly rational" in the sense that they face time-costs of deliberating current and future transactions. We show that equilibrium contracts may be incomplete and assign control rights: they may leave some enforceable future
提供机构：
美国国家经济研究局
创建时间：
2009-01-01
