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Asymmetric awareness of the contracting parties regarding the uncertainty
surrounding them is proposed as a reason for incompleteness in contractual
forms. An insurance problem is studied between a ...
A generalization of a classical model in contract theory: The agent behavior
contract theory The agent behavior Optimization and Control
2011/9/8
Abstract: We present a first approximation of agent behaviour in a generalized model in contract theory. This model relaxes some of the the assumptions of one of the classical models allowing to inclu...