Incomplete Contracts The Hold Up Problem And Asymmetric Information
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Incomplete Contracts, the Hold-up Problem and Asymmetric Information
| Author | : Patrick Schmitz |
| Publisher | : |
| Total Pages | : 13 |
| Release | : 2007 |
| Genre | : Business intelligence |
| ISBN | : |
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This book examines the main issues arising in economic analysis of contract law with special attention given to the incomplete contracts. It discusses both the
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In the early models of incomplete contract neither party used to invest in the subject matter of the contract; those models primarily kept their focus on analyz
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This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write
