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Agency Theory: Methodology, Analysis

A Structured Approach to Writing Contracts

by Alexander Stremitzer (Author)
Thesis XVIII, 228 Pages
Open Access

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.

Details

Pages
XVIII, 228
ISBN (PDF)
9783631754009
ISBN (Softcover)
9783631529737
Open Access
CC-BY
Language
English
Publication date
2018 (September)
Tags
asymmetrische Information private Information Vertrag Netzwerk Agency-Theorie Transaktionsbeziehung Outsourcing Joint Ventures Kontrakttheorie
Published
Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2005. XVIII, 228 pp., 10 fig.

Biographical notes

Alexander Stremitzer (Author)

The Author: Alexander Stremitzer, born in 1974. From 1994 to 2000 education in Business Administration, Law and Philosophy in Vienna and Paris. Experience in Consulting and Legislative Lobbying. Ph.D. 2003, currently Assistant Professor at the University of Bonn, Economics Department.

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Title: Agency Theory: Methodology, Analysis