The Impact of Incomplete Contracts on Economics

Download The Impact of Incomplete Contracts on Economics PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0190259019
Total Pages : 224 pages
Book Rating : 4.1/5 (92 download)

DOWNLOAD NOW!


Book Synopsis The Impact of Incomplete Contracts on Economics by : Philippe Aghion

Download or read book The Impact of Incomplete Contracts on Economics written by Philippe Aghion and published by Oxford University Press. This book was released on 2015-12-22 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. The Impact of Incomplete Contracts on Economics collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.

The Handbook of Organizational Economics

Download The Handbook of Organizational Economics PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 0691132798
Total Pages : 1248 pages
Book Rating : 4.6/5 (911 download)

DOWNLOAD NOW!


Book Synopsis The Handbook of Organizational Economics by : Robert Gibbons

Download or read book The Handbook of Organizational Economics written by Robert Gibbons and published by Princeton University Press. This book was released on 2013 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt: (E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.

Strategies for Supply Chain Risk Management

Download Strategies for Supply Chain Risk Management PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 1000898830
Total Pages : 187 pages
Book Rating : 4.0/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Strategies for Supply Chain Risk Management by : Yi Li

Download or read book Strategies for Supply Chain Risk Management written by Yi Li and published by Taylor & Francis. This book was released on 2023-06-16 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the negative consequences that arise from supply chain risks, this book systematically explores firms’ responses to these risks in different situations. In particular, it focuses on sourcing strategies of firms under supply chain risks and the different mitigation tools they use, such as supplier development and multisourcing. Supply chains have expanded extensively because many firms try to take advantage of outsourcing of their raw materials and critical components. Though firms can reap significant benefits due to the widespread use of outsourcing, they have to deal with increasing supply chain risks. In general, supply chain risks are various and may be originated from natural disasters, labor strikes, fires, and so on. These risk incidents can cause serious damage to firms’ profit performance. The analysis and insights from this book can be utilized by firms to alleviate the impact of supply chain risks in the sourcing process. It will also be of interest to researchers and students studying supply chain management.

Robustness in Contracts

Download Robustness in Contracts PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Robustness in Contracts by : Tridib Sharma

Download or read book Robustness in Contracts written by Tridib Sharma and published by . This book was released on 1998 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Adaptation, Specialization, and the Theory of the Firm

Download Adaptation, Specialization, and the Theory of the Firm PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1316798917
Total Pages : 329 pages
Book Rating : 4.3/5 (167 download)

DOWNLOAD NOW!


Book Synopsis Adaptation, Specialization, and the Theory of the Firm by : Birger Wernerfelt

Download or read book Adaptation, Specialization, and the Theory of the Firm written by Birger Wernerfelt and published by Cambridge University Press. This book was released on 2016-10-27 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This invaluable book provides the foundations for a new theory of the firm, drawing on Birger Wernerfelt's landmark work on economic theory and the resource-based view of the firm. It addresses a vigorous and long-standing academic debate over what exactly a 'firm' is, both in the field of management and economics. Wernerfelt revisits his classic articles, including an extensively revised 'A Resource-Based View of the Firm' (1984), which have been updated and synthesized to provide precise and accessible concepts and predictions. By offering future directions for research and practice, this book will be of interest to students and scholars of management and economics alike.

Journal of Institutional and Theoretical Economics

Download Journal of Institutional and Theoretical Economics PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 820 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Journal of Institutional and Theoretical Economics by :

Download or read book Journal of Institutional and Theoretical Economics written by and published by . This book was released on 2007 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Contracts, second edition

Download The Economics of Contracts, second edition PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262257874
Total Pages : 257 pages
Book Rating : 4.2/5 (622 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Contracts, second edition by : Bernard Salanie

Download or read book The Economics of Contracts, second edition written by Bernard Salanie and published by MIT Press. This book was released on 2005-03-11 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise introduction to the theory of contracts, emphasizing basic tools that allow the reader to understand the main theoretical models; revised and updated throughout for this edition. The theory of contracts grew out of the failure of the general equilibrium model to account for the strategic interactions among agents that arise from informational asymmetries. This popular text, revised and updated throughout for the second edition, serves as a concise and rigorous introduction to the theory of contracts for graduate students and professional economists. The book presents the main models of the theory of contracts, particularly the basic models of adverse selection, signaling, and moral hazard. It emphasizes the methods used to analyze the models, but also includes brief introductions to many of the applications in different fields of economics. The goal is to give readers the tools to understand the basic models and create their own. For the second edition, major changes have been made to chapter 3, on examples and extensions for the adverse selection model, which now includes more thorough discussions of multiprincipals, collusion, and multidimensional adverse selection, and to chapter 5, on moral hazard, with the limited liability model, career concerns, and common agency added to its topics. Two chapters have been completely rewritten: chapter 7, on the theory of incomplete contracts, and chapter 8, on the empirical literature in the theory of contracts. An appendix presents concepts of noncooperative game theory to supplement chapters 4 and 6. Exercises follow chapters 2 through 5. Praise for the previous edition: “The Economics of Contracts offers an excellent introduction to agency models. Written by one of the leading young researchers in contact theory, it is rigorous, clear, concise, and up-to-date. Researchers and students who want to learn about the economics of incentives will want to read this primer.”—Jean Tirole, Institut D'Économie Industrielle, Universite des Sciences Sociales, France “Students will find this a very useful introduction to the ideas of contract theory. Salanié has managed to summarize a large amount of material in a relatively short number of pages in a highly accessible and readable manner.”—Oliver Hart, Professor of Economics, Harvard University

Motivation, Agency, and Public Policy

Download Motivation, Agency, and Public Policy PDF Online Free

Author :
Publisher : Oxford University Press, USA
ISBN 13 : 0199266999
Total Pages : 206 pages
Book Rating : 4.1/5 (992 download)

DOWNLOAD NOW!


Book Synopsis Motivation, Agency, and Public Policy by : Julian Le Grand

Download or read book Motivation, Agency, and Public Policy written by Julian Le Grand and published by Oxford University Press, USA. This book was released on 2003-09-18 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Uses a detailed empirical examination of policies in health services, education, social security and taxation to illustrate how policies can be designed to give the proper balance of motivation and agency." - cover.

The Economics of Contracts

Download The Economics of Contracts PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262195259
Total Pages : 257 pages
Book Rating : 4.2/5 (621 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Contracts by : Bernard Salanié

Download or read book The Economics of Contracts written by Bernard Salanié and published by MIT Press. This book was released on 2005-03-11 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise introduction to the theory of contracts, emphasizing basic tools that allow the reader to understand the main theoretical models; revised and updated throughout for this edition.

Contract Theory

Download Contract Theory PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262025768
Total Pages : 746 pages
Book Rating : 4.0/5 (257 download)

DOWNLOAD NOW!


Book Synopsis Contract Theory by : Patrick Bolton

Download or read book Contract Theory written by Patrick Bolton and published by MIT Press. This book was released on 2004-12-10 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.

Optimal Incentive Contracts in the Presence of Career Concerns

Download Optimal Incentive Contracts in the Presence of Career Concerns PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Optimal Incentive Contracts in the Presence of Career Concerns by : Robert Gibbons

Download or read book Optimal Incentive Contracts in the Presence of Career Concerns written by Robert Gibbons and published by . This book was released on 1991 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies career concerns -- concerns about the effects of current performance on future compensation -- and describes how optimal incentive contracts are affected when career concerns are taken into account. Career concerns arise frequently: they occur whenever the market uses a worker's current output to update its belief about the worker's ability and competition then forces future wages (or wage contracts) to reflect these updated beliefs. Career concerns are stronger when a worker is further from retirement, because a longer prospective career increases the return to changing the market's belief. In the presence of career concerns, the optimal compensation contract optimizes total incentives -- the combination of the implicit incentives from career concerns and the explicit incentives from the compensation contract. Thus, the explicit incentives from the optimal compensation contract should be strongest when a worker is close to retirement. We find empirical support for this prediction in the relation between chief-executive compensation and stock-market performance.

Economic Impact of Federal Procurement

Download Economic Impact of Federal Procurement PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 436 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Economic Impact of Federal Procurement by : United States. Congress. Joint Economic Committee. Subcommittee on Federal Procurement and Regulation

Download or read book Economic Impact of Federal Procurement written by United States. Congress. Joint Economic Committee. Subcommittee on Federal Procurement and Regulation and published by . This book was released on 1966 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews DOD procurement practices and spending reduction efforts.

Understanding and Negotiating Construction Contracts

Download Understanding and Negotiating Construction Contracts PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0876298226
Total Pages : 322 pages
Book Rating : 4.8/5 (762 download)

DOWNLOAD NOW!


Book Synopsis Understanding and Negotiating Construction Contracts by : Kit Werremeyer

Download or read book Understanding and Negotiating Construction Contracts written by Kit Werremeyer and published by John Wiley & Sons. This book was released on 2006-09-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction is a complex business. Each project has its own unique physical and commercial considerations. Since there’s no such thing as a “standard” or “typical” construction project, construction contracts should also not be considered standard. The contractor must carefully manage both in order to have a successful outcome and protect the company’s interests and assets. This book will help you manage all these elements of the contract: Scope of work and schedule Terms of payment and cash flow Assurances of performance Insurance, bonding, indemnity, and warranties Changes to the contract Disputes and their resolution Damages Termination and suspension Force majeure International contracting

Capital Programming Guide

Download Capital Programming Guide PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (31 download)

DOWNLOAD NOW!


Book Synopsis Capital Programming Guide by :

Download or read book Capital Programming Guide written by and published by . This book was released on 1997 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capital Programming Guide

Download Capital Programming Guide PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (327 download)

DOWNLOAD NOW!


Book Synopsis Capital Programming Guide by : United States. Office of Management and Budget

Download or read book Capital Programming Guide written by United States. Office of Management and Budget and published by . This book was released on 1997 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OMB Circular

Download OMB Circular PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.:/5 (8 download)

DOWNLOAD NOW!


Book Synopsis OMB Circular by :

Download or read book OMB Circular written by and published by . This book was released on 1952 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The 10th International Conference on Engineering, Project, and Production Management

Download The 10th International Conference on Engineering, Project, and Production Management PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 9811519102
Total Pages : 663 pages
Book Rating : 4.8/5 (115 download)

DOWNLOAD NOW!


Book Synopsis The 10th International Conference on Engineering, Project, and Production Management by : Kriengsak Panuwatwanich

Download or read book The 10th International Conference on Engineering, Project, and Production Management written by Kriengsak Panuwatwanich and published by Springer Nature. This book was released on 2020-03-03 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the proceedings of the EPPM 2019 conference, and highlights innovative work by researchers and practitioners active in various industries around the globe. Recent advances in science and technology have made it possible to seamlessly connect and integrate various elements of engineering systems, and opened the door for innovations that have transformed how we live and work. While these developments have yielded enhanced efficiency and numerous improvements in our current practices, the problems caused by the increased complexity of these integrated systems can be extremely difficult. Accordingly, solving these problems involves applying cross-disciplinary expertise to address the heterogeneity of the various elements inherent in the system. These proceedings address four main themes: (I) Smart and Sustainable Construction, (II) Advances in Project Management Practices, (III) Toward Safety and Productivity Improvement, and (IV) Smart Manufacturing, Design, and Logistics. As such, they will be of interest to and valuable to researchers and practitioners in a range of industries seeking an update on the translational fields of engineering, project, and production management.