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

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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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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:01 AM

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

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Microeconomics

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