Complexity and Undescribability

Nabil Al-Najjar,Luca Anderlini,Leonardo Felli

The Impact of Incomplete Contracts on Economics, Philippe Aghion, Mathias Dewatripont, Patrick Legros and Luigi Zingales (eds.)（2016）

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摘要

3. Results Our main challenge here is that the most obvious model that comes to mind when attempting to formalize undescribable events is such that a general approximation result holds (Anderlini and Felli, 1994). Let first define what we mean by the term “approximation result.”

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