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By Nicole Petrick

Essay aus dem Jahr 2005 im Fachbereich BWL - Recht, word: 1,7, greater institution of Economics Moscow, Russia, Sprache: Deutsch, summary: felony and low cost interpretations of agreement, agreement legislations and agreement concept, uneven info, adversarial choice and ethical danger. Paper explains unwanted effects of difficult choice and ethical risk for the case of transaction charges and incomplete contracts and describes incentives to prevent adversarial choice and ethical chance, resembling signaling and deductibles in addition to indemnity contracts and valued contracts.

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