Economics Dictionary of Arguments

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 Contract Theory - Economics Dictionary of Arguments
 
Contract theory: Contract theory is the study of how people and organizations construct and develop legal agreements. It is based on the idea that contracts are designed to achieve efficiency by aligning the incentives of the parties involved. Contract theory is a branch of economics that studies how economic actors can and do construct contractual arrangements, generally in the presence of information asymmetry. See also Information asymmetry, Contracts.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
Buchanan, James M. Contract Theory   Buchanan, James M.
Hobbes, Thomas Contract Theory   Hobbes, Thomas
Kant, Immanuel Contract Theory   Kant, Immanuel
Nussbaum, Martha Contract Theory   Nussbaum, Martha
Rawls, John Contract Theory   Rawls, John
Sandel, Michael Contract Theory   Sandel, Michael
Singer, Peter Contract Theory   Singer, Peter
Spinoza, Baruch Contract Theory   Spinoza, Baruch

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Ed. Martin Schulz, access date 2024-07-25