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...

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Autores:
Tipo de recurso:
Book
Fecha de publicación:
2018
Institución:
Universidad de Bogotá Jorge Tadeo Lozano
Repositorio:
Expeditio: repositorio UTadeo
Idioma:
eng
OAI Identifier:
oai:expeditiorepositorio.utadeo.edu.co:20.500.12010/20822
Acceso en línea:
https://directory.doabooks.org/handle/20.500.12854/39275
http://hdl.handle.net/20.500.12010/20822
Palabra clave:
Economic theory & philosophy
Economic growth
Política económica
Desarrollo económico
Asistencia económica
Rights
License
Abierto (Texto Completo)
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.