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The essays on contract theory offer new results centering around the theory of the firm. Issues of ownership …
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—Numerical Solutions -- 6. Explorations in the Theory of Single- and Multiple-Agent Agencies -- 7. Sequential Choice Under Moral Hazard … volume contains twelve invited papers on the general topic of the economic theory of information and contracts. We asked …
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This chapter provides a critical review and survey of aspects of formal and informal contracting particularly relevant to the study of corporate governance. Two types of modeling, hidden-information agency and informal (relational) contracting that are perhaps under-utilized in governance...
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