The Impact of Incomplete Contracts on Economics
$100.52
- Paperback
440 pages
- Release Date
18 February 2016
Summary
Rethinking the Firm: The Legacy of Incomplete Contracts
The seminal 1986 article by Sanford J. Grossman and Oliver D. Hart, “A Theory of Vertical and Lateral Integration,” revolutionized our understanding of firm boundaries and their impact on economic performance. Their property rights approach formally integrated incomplete contracting ideas into economic modeling, sparking a wave of new research.
Rethinking the Firm: The Legacy of Incomplete Contracts gathers ins…
Book Details
| ISBN-13: | 9780199826216 |
|---|---|
| ISBN-10: | 0199826218 |
| Author: | Philippe Aghion, Mathias Dewatripont, Patrick Legros, Luigi Zingales |
| Publisher: | Oxford University Press Inc |
| Imprint: | Oxford University Press Inc |
| Format: | Paperback |
| Number of Pages: | 440 |
| Release Date: | 18 February 2016 |
| Weight: | 590g |
| Dimensions: | 231mm x 155mm x 31mm |
What They're Saying
Critics Review
“The contributions in this collection constitute a most worthy celebration of Grossman and Hart’s classic paper on incomplete contracting and its deep and wide-ranging impact on economics and beyond.”– Bengt Holmstrom, Paul A. Samuelson Professor of Economics, M.I.T”The Grossman -Hart incomplete contracts approach represents perhaps the most influential advance in economic theory in the last 30 years. This book assembles many of the remarkable offspring of this truly seminal contribution.“– Andrei Shleifer, Professor of Economics, Harvard University
About The Author
Philippe Aghion
Philippe Aghion is the Robert C. Waggoner Professor of Economics at Harvard University and a fellow of the Econometric Society and of the American Academy of Arts and Sciences.
Mathias Dewatripont is Director of the National Bank of Belgium, Professor of Economics at the Université libre de Bruxelles, and a fellow of the Econometric Society and of the American Academy of Arts and Sciences
Patrick Legros is Professor of Economics at the Université libre de Bruxelles in Belgium and a fellow of its research center ECARES.
Luigi Zingales is Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance and Charles M. Harper Faculty Fellow at the University of Chicago Booth School of Business.
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