Contract Theory

What is Contract TheoryA contract is an institutional arrangement for the movement of resources, which defines the various connections between the parties to a transaction or limits the rights and obligations of the parties. From a legal perspective, a contract is an arrangement that makes it possible for resources to flow differently.How you will benefit(I) Insights, and validations about the following topics:Chapter 1: Contract theoryChapter 2: Index of economics articlesChapter 3: Moral hazardChapter 4: The Market for LemonsChapter 5: Complete contractChapter 6: Adverse selectionChapter 7: Information asymmetryChapter 8: Coase theoremChapter 9: IncentiveChapter 10: Mechanism designChapter 11: Principal-agent problemChapter 12: Efficiency wageChapter 13: Theory of the firmChapter 14: Information economicsChapter 15: Personnel economicsChapter 16: Agency costChapter 17: Signalling (economics)Chapter 18: Single-crossing conditionChapter 19: Screening (economics)Chapter 20: Incomplete contractsChapter 21: Multiple principal problem(II) Answering the public top questions about contract theory.(III) Real world examples for the usage of contract theory in many fields.(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of contract theory. (eBook only).Who will benefitProfessionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of contract theory.