Overview

This is a collection of essays for the ""Contributions to Economics"" series. The essays on contract theory offer new results centring around the theory of the firm. Issues of ownership, integration, delegation and finance are analyzed. Further, topics of medical care, the economics of crime, the environment and international trade are treated from a contracting perspective. The authors are economists who have worked at the ""International Summer School on the New Insitutional Economics"".

Full Product Details

Author:   Ekkehart Schlicht ,  Ekkehart Schlicht
Publisher:   Physica-Verlag GmbH & Co
Imprint:   Physica-Verlag GmbH & Co
Edition:   1st ed. 1996. Corr. 2nd printing
Dimensions:   Width: 15.50cm , Height: 1.60cm , Length: 23.50cm
Weight:   0.470kg
ISBN:  

9783790809473

ISBN 10:   3790809470
Pages:   299
Publication Date:   16 August 1996
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
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Table of Contents

Debt as an Option to Own in the Theory of Ownership Rights.- Asymmetric Information and the Horizontal Integration of Firms.- Short-Termism and the Market for Corporate Control.- The Influence of Transaction Costs in Labor Markets on the Organization of Industry-A Comparative Analysis of Japanese Industrial Organization.- Information Rent and Technology Choice in a Regulated Firm.- Constitutional Contracting and Corporate Constitution.- Collusion and Budget Distortions in Hierarchical Organizations.- Long-Term Franchise Contracts: A Closer Look at the Hold-Up Problem.- Capital Structure, the Risk Incentive Problem, and Repeated Investment Opportunities.- Financial Contracting with Adverse Selection and Moral Hazard.- On the Rationality of Kidnaps, Blackguards, and Hostages.- Information Problems in the Market for Medical Services.- Data Envelopment Analysis: A Basis for Incentive Contracting.- Environmental Problems from a Property Rights Perspective.- Efficient Allocation of an Indivisible Good: A Mechanism Design Problem under Uncertainty.- Risk Sharing Markets and Export Production.- Slot Allocation in the United States. A Transaction Cost Economic Analysis.

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