Agency Theory: Methodology, Analysis A Structured Approach to Writing Contracts
Designing a contract is often more of an economic than a legal problem. A good contract protects parties against opportunistic behavior while providing motivation to cooperate. This is where economics and, especially contract theory, may prove helpful by enhancing our understanding of incentive issu...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Tesis Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Frankfurt a.M.
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
[2018], ©2005.
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Edición: | 1st, New ed. |
Colección: | Free online access: JSTOR.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | Designing a contract is often more of an economic than a legal problem. A good contract protects parties against opportunistic behavior while providing motivation to cooperate. This is where economics and, especially contract theory, may prove helpful by enhancing our understanding of incentive issues. The purpose of this book is to provide specific tools which will help to write better contracts in real world environments. Concentrating on moral hazard literature, this book derives a tentative checklist for drafting contracts. As an economic contribution to a field traditionally considered an art rather than a science, this treatment also gives much attention to methodological issues. |
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Descripción Física: | 1 online resource. |
ISBN: | 9783631754009 3631754000 |