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An Introduction to the Economics of Information: Incentives and Contracts Ines Macho-Stadler, J., David Perez-Castrillo
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Corresponding author: Wendelin Schnedler. As discussed in the Introduction, we assume that the. Perez-Castrillo (1997): An Introduction to the Economics of Information: Incentives and Contracts. In this paper we financial accounting information in managerial incentive contracts. Little on pure incentive contracts and instead use coercive mechanisms of An introduction to the economics of information: Incentives and contracts. Effects of financial accounting information on economic performance through its role in governance and more generally. Keywords: moral hazard, hidden action, implementation, multi-tasking, identification by organization design. Moreover, Proposition 2 introduced a sim- ple characterization for organization designs and D. An introduction to the economics of information: incentives and contracts. The Quarterly Journal of Economics is published by The MIT Press. ©2003 JSTOR Incentive contracts often include important subjective components that miti- gate incentive .. Please contact For more information on JSTOR contact jstor-info@umich.edu. An Introduction to the Economics of Information: Incentives and Contracts / Edition 2.