1.4. Post-Keynesians suggest that contractual agreements might be a way to deal with asymmetric information. a. Name...

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1.4. Post-Keynesians suggest that contractual agreements might be a way to deal with asymmetric information.

a. Name a business or consumer transaction where asymmetric information might occur.

b. How could a contractual agreement overcome the problems of asymmetric information in that market?

c. Would that contractual agreement arise without government intervention? (Post-Keynesian)

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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Question Posted: Oct 16, 2024 02:02 AM

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1.4. Post-Keynesians suggest that contractual agreements might be a way to deal with asymmetric information. a. Name...

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Economics

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