The Impact of Incomplete Contracts on Economics
ISBN-13:
9780199826223
ISBN-10:
0199826226
Edition:
1
Author:
Mathias Dewatripont, Philippe Aghion, Luigi Zingales, Patrick Legros
Publication date:
2016
Publisher:
Oxford University Press
Format:
Hardcover
440 pages
Category:
Theory
,
Economics
,
Contracts
,
Business Law
FREE US shipping
Book details
ISBN-13:
9780199826223
ISBN-10:
0199826226
Edition:
1
Author:
Mathias Dewatripont, Philippe Aghion, Luigi Zingales, Patrick Legros
Publication date:
2016
Publisher:
Oxford University Press
Format:
Hardcover
440 pages
Category:
Theory
,
Economics
,
Contracts
,
Business Law
Summary
The Impact of Incomplete Contracts on Economics (ISBN-13: 9780199826223 and ISBN-10: 0199826226), written by authors
Mathias Dewatripont, Philippe Aghion, Luigi Zingales, Patrick Legros, was published by Oxford University Press in 2016.
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Description
The 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. The Impact of Incomplete Contracts on Economics collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.
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