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Scientists from HSE University, MSU, and Tallinn University of Technology have studied a fossil species of ancient brachiopods that lived in a warm sea in what is now northern Estonia more than 445 million years ago. These ancient brachiopods developed a cup-shaped shell with a protective 'cap' that shielded them from overgrowth by other marine organisms. The study has been published in Palaeogeography, Palaeoclimatology, Palaeoecology.
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Comments on the Foundations of Incomplete Contracts

P. 345–349.
Maskin E. S.

The chapter reviews the argument that mechanism design theory can be enlisted to achieve the same outcome as the best state-contingent contract, even if some states cannot be described ex ante.

Language: English
DOI
Text on another site
Keywords: mechanismstate contingent contractex ante describability
Publication based on the results of:
Analysis, choice and decision making in socio-economic, political and financial spheres: new models, methods and algorithms (2017)

In book

The Impact of Incomplete Contracts on Economics
The Impact of Incomplete Contracts on Economics
Oxford: Oxford Scholarship Online, 2017.
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