Foundations of Incomplete Contracts

In the last few years a new area has emerged in economic theory, which goes under the heading of However, almost since its inception, the theory has been under attack for its lack of rigorous foundations. In this paper, we evaluate some of the criticisms that have been made of the theory, in particular, those in Maskin and Tirole (1998a). In doing so, we develop a model that provides a rigorous foundation for the idea that contracts are incomplete

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Year of publication:	[2021]
Authors:	Hart, Oliver ; Moore, John
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Wirtschaftswissenschaft \| Economics \| Unvollständiger Vertrag \| Incomplete contract

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Extent:	1 Online-Ressource (50 p)
Series:	NBER Working Paper ; No. w6726
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 1998 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013227200