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Agency Theory: Methodology, Analysis
A Structured Approach to Writing Contracts
Taschenbuch von Alexander Stremitzer
Sprache: Englisch

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Beschreibung
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.
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.
Inhaltsverzeichnis
Contents: Classic Risk-Incentive Trade-off - Risk Sharing - Error in Judgement - Bankruptcy Constraints - Transaction Costs - Distortion - Bonding - Dynamic Extensions - Income Smoothing - Reputation Effects - Career Concerns - Epistemological Issues - Sceptical Tradition - Value of Axiomatic Approaches - Methodological Individualism - Methodology of Contract Theory - Checklist for Drafting Contracts - Programmatic Outlook.
Details
Erscheinungsjahr: 2004
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9783631529737
ISBN-10: 3631529732
Sprache: Englisch
Herstellernummer: 52973
Einband: Kartoniert / Broschiert
Autor: Stremitzer, Alexander
Auflage: 1. Auflage
Hersteller: Peter Lang
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Verantwortliche Person für die EU: Lang, Peter GmbH, Gontardstr. 11, D-10178 Berlin, r.boehm-korff@peterlang.com
Maße: 210 x 148 x 14 mm
Von/Mit: Alexander Stremitzer
Erscheinungsdatum: 14.12.2004
Gewicht: 0,324 kg
Artikel-ID: 103698502
Inhaltsverzeichnis
Contents: Classic Risk-Incentive Trade-off - Risk Sharing - Error in Judgement - Bankruptcy Constraints - Transaction Costs - Distortion - Bonding - Dynamic Extensions - Income Smoothing - Reputation Effects - Career Concerns - Epistemological Issues - Sceptical Tradition - Value of Axiomatic Approaches - Methodological Individualism - Methodology of Contract Theory - Checklist for Drafting Contracts - Programmatic Outlook.
Details
Erscheinungsjahr: 2004
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9783631529737
ISBN-10: 3631529732
Sprache: Englisch
Herstellernummer: 52973
Einband: Kartoniert / Broschiert
Autor: Stremitzer, Alexander
Auflage: 1. Auflage
Hersteller: Peter Lang
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Verantwortliche Person für die EU: Lang, Peter GmbH, Gontardstr. 11, D-10178 Berlin, r.boehm-korff@peterlang.com
Maße: 210 x 148 x 14 mm
Von/Mit: Alexander Stremitzer
Erscheinungsdatum: 14.12.2004
Gewicht: 0,324 kg
Artikel-ID: 103698502
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