Julián Arévalo B.; Jair Ojeda J. - In: Revista de Economía Institucional 6 (2004) January-June, pp. 47-69
This paper shows one type of asymmetric information problems, their theoretical implications, the design of contracts that mitigate them, as well as some experimental evidence. Furthermore, by extrapolating the results, the paper tries to illustrate certain macroeconomic implications obtained...