Contract theory
In economics, contract theory studies how economic actors can and do construct contractual arrangements, generally in the presence of information asymmetry. Because of its connections with both agency and incentives, contract theory is often categorized within a field known as Law and economics. One prominent application of it is the design of optimal schemes of . In the field of economics, the first formal treatment of this topic was given by Kenneth Arrow in the 1960s. In 2016, Oliver Hart and Bengt R. Holmström both received the Nobel Memorial Prize in Economic Sciences for their work on contract theory, covering many topics from CEO pay to privatizations. Holmström (MIT) focused more on the connection between incentives and risk, while Hart (Harvard) on the unpredictability of the futu
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Adverse selectionAgency (philosophy)Allocative efficiencyAndrew ClausenAt-will employmentBengt HolmströmBuild–operate–transferChannel coordinationCivil liberties in the United KingdomCommon ownershipComplete contractContractContract (disambiguation)Contract TheoryContract awardingCostly state verificationDas Kapital, Volume IDavid MartimortDefault ruleDirk BergemannEconomicsEconomics of contract lawEconomics of the arts and literatureEdward J. GreenEquity sharingExperimental economicsF.H. BuckleyField theory (sociology)Freedom of contractGautama_BuddhaGeorg NöldekeGlossary of economicsHelmut BesterIC constraintIR ConstraintIR constraintIan ShapiroIlya SegalIncomplete contractsIndex of economics articles
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Contract theory
In economics, contract theory studies how economic actors can and do construct contractual arrangements, generally in the presence of information asymmetry. Because of its connections with both agency and incentives, contract theory is often categorized within a field known as Law and economics. One prominent application of it is the design of optimal schemes of . In the field of economics, the first formal treatment of this topic was given by Kenneth Arrow in the 1960s. In 2016, Oliver Hart and Bengt R. Holmström both received the Nobel Memorial Prize in Economic Sciences for their work on contract theory, covering many topics from CEO pay to privatizations. Holmström (MIT) focused more on the connection between incentives and risk, while Hart (Harvard) on the unpredictability of the futu
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En économie, la théorie des co ...... omaine de l'économie publique.
@fr
In de micro-economie onderzoek ...... te nutstheorie, te modelleren.
@nl
In economics, contract theory ...... ed by expected utility theory.
@en
La teoria economica del contra ...... tale fine (analisi normativa).
@it
Na economia, a teoria do contr ...... tern, como estabelecido pela .
@pt
Teorie smluv v ekonomii zkoumá ...... u cenu za rozvoj teorie smluv.
@cs
Теория контрактов (англ. Contr ...... ило) асимметричной информации.
@ru
Теорія контрактів (Contract th ...... (проблема "Принципал-агент").
@uk
تدرس نظرية العقد (بالإنجليزية: ...... ما تنص نظرية المنفعة المتوقعة.
@ar
契約理論(けいやくりろん、英: contract theor ...... 限定合理性)ために生じる諸現象を説明するミクロの理論である。
@ja
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En économie, la théorie des co ...... omaine de l'économie publique.
@fr
In de micro-economie onderzoek ...... 60 door Kenneth Arrow gegeven.
@nl
In economics, contract theory ...... e unpredictability of the futu
@en
La teoria economica del contra ...... tale fine (analisi normativa).
@it
Na economia, a teoria do contr ...... nneth Arrow na década de 1960.
@pt
Teorie smluv v ekonomii zkoumá ...... u cenu za rozvoj teorie smluv.
@cs
Теория контрактов (англ. Contr ...... ило) асимметричной информации.
@ru
Теорія контрактів (Contract th ...... (проблема "Принципал-агент").
@uk
تدرس نظرية العقد (بالإنجليزية: ...... ب المدير التنفيذي إلى الخصخصة.
@ar
契約理論(けいやくりろん、英: contract theor ...... 限定合理性)ために生じる諸現象を説明するミクロの理論である。
@ja
label
Contract theory
@en
Contracttheorie
@nl
Teoria dos contratos
@pt
Teoria economica del contratto
@it
Teorie smluv
@cs
Théorie des contrats
@fr
Теория контрактов
@ru
Теорія контрактів
@uk
نظرية العقد (اقتصاد)
@ar
契約理論
@ja