PRINCIPALS AND AGENTS - DOES THE ASSIGNMENT OF INFORMATION MATTER

被引：1
|
作者：
NELSON, J
机构：
[1] Stern School of Business, New York University, New York
来源：
ECONOMICS LETTERS | 1990年 / 33卷 / 03期
关键词：
D O I：
10.1016/0165-1765(90)90005-L
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The allocation of information determines the bargaining position of buyers and sellers. Low variability in buyer type or producer cost implies a smaller distortion from asymmetric information with informed buyers; high variability implies a smaller distortion with informed sellers. © 1990.
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页码：223 / 227
页数：5
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