Agency theory methodology, analysis ; a structured approach to writing contracts

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 issu...

Full description

Bibliographic Details
Other Authors: Stremitzer, Alexander, author (author)
Format: eBook
Language:Inglés
Published: Bern Peter Lang International Academic Publishing Group 2018
Frankfurt am Main, Germany : [2005]
Frankfurt am Main, Germany : [2018]
Edition:1st ed
Series:Forschungsergebnisse der Wirtschaftsuniversität Wien ; Band 3.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009422481606719
Description
Summary: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.
Physical Description:1 online resource (various pagings) : illustrations; digital, PDF file(s)
Also available in print form
Bibliography:Includes bibliographical references.
ISBN:9783631754009
Access:Open access