This preview shows page 1. Sign up to view the full content.
Unformatted text preview: in general (including of enforcement of accounting rules, for example). Read section 1 carefully, to try and understand the basic idea of the paper. Skim section 2 to get a sense of how the model works, and what the assumptions are. Dont get bogged down in the details. I suggest that a numerical example may be the best way to present this section (see page 619 for theirs). ....
View Full Document
This note was uploaded on 02/26/2012 for the course ECON 150 taught by Professor Akerlof during the Spring '12 term at Syracuse.
- Spring '12