Firms, Markets, and Contracts Contributions to Neoinstitutional Economics

Modern institutional economics witnesses a merging of formal and informal strands of theorizing. This development has offered new and vigorous perspectives which avoid both arbitrariness and theoretical sterility. The essays on contract theory gathered here exemplify this development. They propone n...

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Bibliographic Details
Other Authors: Schlicht, Ekkehart (Editor)
Format: eBook
Language:English
Published: Heidelberg Physica 1996, 1996
Edition:1st ed. 1996
Series:Contributions to Economics
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • Debt as an Option to Own in the Theory of Ownership Rights
  • Asymmetric Information and the Horizontal Integration of Firms
  • Short-Termism and the Market for Corporate Control
  • The Influence of Transaction Costs in Labor Markets on the Organization of Industry-A Comparative Analysis of Japanese Industrial Organization
  • Information Rent and Technology Choice in a Regulated Firm
  • Constitutional Contracting and Corporate Constitution
  • Collusion and Budget Distortions in Hierarchical Organizations
  • Long-Term Franchise Contracts: A Closer Look at the Hold-Up Problem
  • Capital Structure, the Risk Incentive Problem, and Repeated Investment Opportunities
  • Financial Contracting with Adverse Selection and Moral Hazard
  • On the Rationality of Kidnaps, Blackguards, and Hostages
  • Information Problems in the Market for Medical Services
  • Data Envelopment Analysis: A Basis for Incentive Contracting
  • Environmental Problems from a Property Rights Perspective
  • Efficient Allocation of an Indivisible Good: A Mechanism Design Problem under Uncertainty
  • Risk Sharing Markets and Export Production
  • Slot Allocation in the United States. A Transaction Cost Economic Analysis