The Economics Of Contracts: Theories and Applications - Rilegato

Eric Brousseau (Editor)

Rilegato

ISBN 10: 0521814901 ISBN 13: 9780521814904

Casa editrice: New Publisher, 2021

Riassunto

A contract is an agreement under which two parties make reciprocal commitments in terms of their behavior to coordinate. As this concept has become essential to economics in the last 30 years, three main theoretical frameworks have emerged: 'incentive theory', 'incomplete-contract theory' and 'transaction-costs theory'. These frameworks have enabled scholars to renew both the microeconomics of coordination (with implications for industrial organization, labor economics, law and economics, organization design) and the macroeconomics of 'market' (decentralized) economies and of the institutional framework. These developments have resulted in new analyses of a firm's strategy and State intervention (regulation of public utilities, anti-trust, public procurement, institutional design, liberalization policies, etc.). Based on contributions by the leading scholars in the field, this 2002 book provides an overview of developments in these analytical currents, presents their various aspects, and proposes expanding horizons for theoreticians and practitioners.

Su questo libro

Descrizione del libro:

A comprehensive 2002 synthesis of the economic analysis of contracts, written by leading international scholars. The book offers a combination of theoretical and applied economics along with insights from law and management sciences, appealing to scholars, graduate students and practitioners in economics, management and law.

L'autore:

Eric Brousseau is Professor of Economics at the University of Paris X.

Su questa edizione

• Editore: New Publisher
• Data di pubblicazione: 2021
• ISBN 10: 0521814901
• ISBN 13: 9780521814904
• Rilegatura: Copertina rigida
• Numero di pagine: 604