The Economics of Contracts

The Economics of Contracts

Elgar Research Reviews in Economics

Patrick Bolton

The Economics of Contracts provides a guided tour to the leading ideas in contract theory. It discusses some of the foundational writings on contracting under limited and asymmetric information, incentives and mechanism design. It reviews, in particular, the key contributions of five Nobel Prize winners in economics, as well as considering the most important articles that have followed these path-breaking works.

Review Article

Patrick Bolton

Subjects: economics and finance, law and economics, law - academic, law and economics

The Economics of Contracts provides a guided tour to the leading ideas in contract theory. It discusses some of the foundational writings on contracting under limited and asymmetric information, incentives and mechanism design. It reviews, in particular, the key contributions of five Nobel Prize winners in economics, as well as considering the most important articles that have followed these path-breaking works.

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