This is a comprehensive and up-to-date synthesis of the economic analysis of contracts written by a specially commissioned team of leading international scholars. The book offers a well structured analysis of theoretical developments, the diverse fields of applications, the methodologies in use, and the policy implications at both firm and state level. It offers a unique combination of theoretical and applied economics along with insights from law and management sciences. The volume is designed to appeal to scholars, graduate students and practitioners in economics, management and law.
The Economics of Contracts: Theories and Applications
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Book Description
A comprehensive and up-to-date synthesis of the economic analysis of contracts written by a specially commissioned team of leading international scholars. The book offers a well structured analysis of theoretical developments, the diverse fields of applications, the methodologies in use, and the policy implications at both firm and state level. The book offers a unique combination of theoretical and applied economics along with insights from law and management sciences. It is designed to appeal to scholars, graduate students and practitioners in economics, management and law.
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Inside This Book
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First Sentence:
To an economist, a contract is an agreement under which two parties make reciprocal commitments in terms of their behavior - a bilateral coordination arrangement. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
neoinstitutional environment, neoinstitutional firm, loss avoidance principle, electricity sector restructuring, contractual externalities, market power problems, positive agency theory, franchise contracting, franchisee effort, local market power, electricity sector reforms, allocating control, poorer party, post efficiency, informational rent, grand contract, labels rouges, incentive theory, transmission investments, contract incompleteness, lower bargaining power, sunk assets, reputational capital, wholesale market prices, post rent Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, United Kingdom, General Motors, Revelation Principle, Fisher Body, Benito Arruñada, Gérard Charreaux, Michel Glais, Irrelevance Theorem, Oliver Hart, Jacques Ghestin, M'hand Fares, New York, Oliver Williamson, Benjamin Klein, Code Civil, Ronald Coase, Alan Schwartz, Competition Commission, New Zealand, Second World War, Adam Smith, British Gas, Union Carbide, Intrum Justitia New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
To an economist, a contract is an agreement under which two parties make reciprocal commitments in terms of their behavior - a bilateral coordination arrangement. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
neoinstitutional environment, neoinstitutional firm, loss avoidance principle, electricity sector restructuring, contractual externalities, market power problems, positive agency theory, franchise contracting, franchisee effort, local market power, electricity sector reforms, allocating control, poorer party, post efficiency, informational rent, grand contract, labels rouges, incentive theory, transmission investments, contract incompleteness, lower bargaining power, sunk assets, reputational capital, wholesale market prices, post rent Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, United Kingdom, General Motors, Revelation Principle, Fisher Body, Benito Arruñada, Gérard Charreaux, Michel Glais, Irrelevance Theorem, Oliver Hart, Jacques Ghestin, M'hand Fares, New York, Oliver Williamson, Benjamin Klein, Code Civil, Ronald Coase, Alan Schwartz, Competition Commission, New Zealand, Second World War, Adam Smith, British Gas, Union Carbide, Intrum Justitia New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 100
books:
See all 100 books this book cites
3
books
cite this book:
- Contract Economics by Lars Werin in Back Matter (1), Back Matter (2), and Back Matter (3)
- The New Palgrave Dictionary of Economics and the Law: Three Volume Set by Peter Newman in Back Matter (1), and Back Matter (2)
- The New Palgrave: A Dictionary of Economics: Four Volume Boxed Set by John Eatwell in Back Matter (1), and Back Matter (2)
- Game Theory by Drew Fudenberg in Back Matter (1), and Back Matter (2)
- International Comparisons of Electricity Regulation by Richard J. Gilbert in Back Matter (1), and Back Matter (2)
See all 100 books this book cites
- Conflict and Cooperation: Institutional and Behavioral Economics by A. Allan Schmid in Back Matter
- Electricity Trade in EUrope (International Energy & Resources Law and Policy Series Set) by Janusz Bielecki on page 111
- Reshaping European Gas and Electricity Industries (Elsevier Global Energy Policy and Economics Series) by Dominique Finon on page 181
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