The Economics of Contracts: A Primer Export

@book{salanie-97, abstract = {Although it is one of the major achievements in the history of economic thought, the general equilibrium model is not completely satisfactory as a descriptive tool. In the 1970s several economists settled on a new way to study economic relationships that is often called the "economics of information." The theory of contracts is one of its main building blocks.<br /> <br /> The theory of contracts uses partial equilibrium models that take into account the full complexity of strategic interactions between privately informed agents in well-defined institutional settings. The models sum up the constraints imposed by the prevailing institutional setting through a contract, either explicit or implicit. They make intensive use of noncooperative game theory with asymmetric information.<br /> <br /> <I>The Economics of Contracts</I> introduces graduate students and nonspecialist professional economists to the theory of contracts. It grew out of a course Professor Salani\'{e} gave to third-year Stanford graduate students and third-year students at the Ecole Nationale de la Statistique et de l'Administration Economique. The book focuses on the methods used to analyze the models, but also discusses a few of the many applications the theory has generated in various fields of economics. The author's goal is to give readers the basic tools to create their own applications.}, author = {Salanie, Bernard}, citeulike-article-id = {571969}, citeulike-linkout-0 = {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20&amp;path=ASIN/0262193868}, citeulike-linkout-1 = {http://www.amazon.de/exec/obidos/redirect?tag=citeulike01-21&amp;path=ASIN/0262193868}, citeulike-linkout-2 = {http://www.amazon.fr/exec/obidos/redirect?tag=citeulike06-21&amp;path=ASIN/0262193868}, citeulike-linkout-3 = {http://www.amazon.co.uk/exec/obidos/ASIN/0262193868/citeulike00-21}, citeulike-linkout-4 = {http://www.amazon.com/exec/obidos/redirect?tag=citeulike07-20&path=ASIN/0262193868}, citeulike-linkout-5 = {http://www.worldcat.org/isbn/0262193868}, citeulike-linkout-6 = {http://books.google.com/books?vid=ISBN0262193868}, citeulike-linkout-7 = {http://www.amazon.com/gp/search?keywords=0262193868&index=books&linkCode=qs}, citeulike-linkout-8 = {http://www.librarything.com/isbn/0262193868}, howpublished = {Hardcover}, isbn = {0262193868}, keywords = {books, contracttheory, informationeconomics, tartumicro}, month = {March}, posted-at = {2006-03-31 20:44:16}, priority = {2}, publisher = {The MIT Press}, title = {The Economics of Contracts: A Primer}, url = {http://www.amazon.com/exec/obidos/redirect?tag=citeulike07-20&path=ASIN/0262193868}, year = {1997} }

TY - BOOK ID - salanie-97 L3 - citeulike-article-id:571969 N2 - Although it is one of the major achievements in the history of economic thought, the general equilibrium model is not completely satisfactory as a descriptive tool. In the 1970s several economists settled on a new way to study economic relationships that is often called the "economics of information." The theory of contracts is one of its main building blocks.<br /> <br /> The theory of contracts uses partial equilibrium models that take into account the full complexity of strategic interactions between privately informed agents in well-defined institutional settings. The models sum up the constraints imposed by the prevailing institutional setting through a contract, either explicit or implicit. They make intensive use of noncooperative game theory with asymmetric information.<br /> <br /> <I>The Economics of Contracts</I> introduces graduate students and nonspecialist professional economists to the theory of contracts. It grew out of a course Professor Salanié gave to third-year Stanford graduate students and third-year students at the Ecole Nationale de la Statistique et de l'Administration Economique. The book focuses on the methods used to analyze the models, but also discusses a few of the many applications the theory has generated in various fields of economics. The author's goal is to give readers the basic tools to create their own applications. SN - 0262193868 TI - The Economics of Contracts: A Primer PB - The MIT Press KW - books KW - contracttheory KW - informationeconomics KW - tartumicro AU - Salanie, Bernard PY - 1997/03/15/ UR - http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20&amp;path=ASIN/0262193868 ER -