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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Agency Theory: Methodology, Analysis: A Structured Approach to Writing Contracts

Agency Theory: Methodology, Analysis: A Structured Approach to Writing Contracts

Stremitzer, Alexander
Wirtschaftsuniversität Wien

Paperback

Series: Forschungsergebnisse Der Wirtschaftsuniversität Wien, Book 3

Business GeneralEconomics

ISBN10: 3631529732
ISBN13: 9783631529737
Publisher: Peter Lang
Published: Dec 14 2004
Pages: 228
Weight: 0.60
Height: 0.80 Width: 5.80 Depth: 8.20
Language: English
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.

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