• Asymmetric Information – Adverse Selection Problem 

      Aldea, Anamaria; Marin, Dumitru (Universitas Galatiensis, 2007-01)
      The present paper makes an introduction in the contract theory starting with the definitions of asymmetric information and some of the problems that generate: moral hazard and adverse selection. We provide an insight of ...
    • Stochastic Simulation of the Exchange Rate 

      Sbughea, Corina; Aldea, Anamaria ("Dunărea de Jos" University of Galati, 2007-01)
      The rational expectations paradigm, that dominates macroeconomics fails to take into account the complexity of the information, which is so vast that the individual brain cannot understand the full of it. The agents are ...