More is Less: Why Parties May Deliberately Write Incomplete Contracts (Bog, Paperback / softback, Engelsk)
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More is Less: Why Parties May Deliberately Write Incomplete Contracts

(Bog, Paperback / softback, Engelsk)
Forfattere: Maija (University of Bristol) Halonen-Akatwijuka, Oliver (Harvard University) Hart
More is Less: Why Parties May Deliberately Write Incomplete Contracts
Forlag: Cambridge University Press

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Beskrivelse

Why are contracts incomplete? Asymmetric information theories also have limitations. This Element offers an explanation based on contracts as 'reference points' showing if parties have different views about the division of surplus, an incomplete contract can be superior if including a contingency would lead to divergent reference points.

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Alle detaljer

Forlag Cambridge University Press
Forfattere Maija (University of Bristol) Halonen-Akatwijuka, Oliver (Harvard University) Hart
Type Bog
Format Paperback / softback
Sprog Engelsk
Udgivelsesdato 23-05-2024
Første udgivelsesår 2024
Serie Elements in Law, Economics and Politics
Illustrationer Worked examples or Exercises
Originalsprog United Kingdom
Sideantal 34
Indbinding Paperback / softback
Forlag Cambridge University Press
Sideoplysninger 34 pages, Worked examples or Exercises
Mål 228 x 152 x 5
ISBN-13 / EAN-13 9781009396073