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What is Contract Theory

A 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 theory

Chapter 2: Index of economics articles

Chapter 3: Moral hazard

Chapter 4: The Market for Lemons

Chapter 5: Complete contract

Chapter 6: Adverse selection

Chapter 7: Information asymmetry

Chapter 8: Coase theorem

Chapter 9: Incentive

Chapter 10: Mechanism design

Chapter 11: Principal-agent problem

Chapter 12: Efficiency wage

Chapter 13: Theory of the firm

Chapter 14: Information economics

Chapter 15: Personnel economics

Chapter 16: Agency cost

Chapter 17: Signalling (economics)

Chapter 18: Single-crossing condition

Chapter 19: Screening (economics)

Chapter 20: Incomplete contracts

Chapter 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 benefit

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of contract theory.

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