The Impact of Incomplete Contracts on Economics

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Synopsis

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.

Book details

Author:
Philippe Aghion, Mathias Dewatripont, Patrick Legros and Luigi Zingales
ISBN:
9780190259013
Related ISBNs:
9780199826216, 9780199826223
Publisher:
Oxford University Press
Pages:
N/A
Reading age:
Not specified
Includes images:
Yes
Date of addition:
2024-07-06
Usage restrictions:
Copyright
Copyright date:
2016
Copyright by:
Oxford University Press 
Adult content:
No
Language:
English
Categories:
Business and Finance, Law, Legal Issues and Ethics, Nonfiction