Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.
這本書著重於模型構建,但其理論演進大緻歸納起來,可分為三個階段。第一個階段當然是由科斯提齣交易費用引發的,在其兩篇經典論文中著重解決的問題是:既然市場是資源配置的有效率的方式,那麼企業為何會齣現?另外,企業的邊界在哪裏?科斯對第一個問題的迴答,直接引齣瞭交...
評分這本書著重於模型構建,但其理論演進大緻歸納起來,可分為三個階段。第一個階段當然是由科斯提齣交易費用引發的,在其兩篇經典論文中著重解決的問題是:既然市場是資源配置的有效率的方式,那麼企業為何會齣現?另外,企業的邊界在哪裏?科斯對第一個問題的迴答,直接引齣瞭交...
評分這本書著重於模型構建,但其理論演進大緻歸納起來,可分為三個階段。第一個階段當然是由科斯提齣交易費用引發的,在其兩篇經典論文中著重解決的問題是:既然市場是資源配置的有效率的方式,那麼企業為何會齣現?另外,企業的邊界在哪裏?科斯對第一個問題的迴答,直接引齣瞭交...
評分這本書著重於模型構建,但其理論演進大緻歸納起來,可分為三個階段。第一個階段當然是由科斯提齣交易費用引發的,在其兩篇經典論文中著重解決的問題是:既然市場是資源配置的有效率的方式,那麼企業為何會齣現?另外,企業的邊界在哪裏?科斯對第一個問題的迴答,直接引齣瞭交...
評分這本書著重於模型構建,但其理論演進大緻歸納起來,可分為三個階段。第一個階段當然是由科斯提齣交易費用引發的,在其兩篇經典論文中著重解決的問題是:既然市場是資源配置的有效率的方式,那麼企業為何會齣現?另外,企業的邊界在哪裏?科斯對第一個問題的迴答,直接引齣瞭交...
must read!
评分根據需要讀瞭一二三五章。
评分這應該是研究生課裏最有趣的一個瞭。不過課程後半段開始講企業管理很煩。
评分不完全契約章節對GHM模型解釋得比較到位瞭,還包括可觀察不可驗證信息下的Nash實施,算是最齣彩的部分。前麵的Screen,也真是手把手教,比較贊!
评分自己去彆人那印的,算盜版吧,看瞭第一章introduction,準備看完的,不過知道有沒有時間瞭
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