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Agency Theory: Methodology, Analysis

A Structured Approach to Writing Contracts

Series:

Alexander Stremitzer

Contents: Classic Risk-Incentive Trade-off – Risk Sharing – Error in Judgement – Bankruptcy Constraints – Transaction Costs – Distortion – Bonding – Dynamic Extensions – Income Smoothing – Reputation Effects – Career Concerns – Epistemological Issues – Sceptical Tradition – Value of Axiomatic Approaches – Methodological Individualism – Methodology of Contract Theory – Checklist for Drafting Contracts – Programmatic Outlook.