منابع مشابه
Behavioral Contract Theory
P and economics—also known as behavioral economics—is a mindset for doing economics that espouses the importance of thinking about the psychological accuracy of models. After a history of identifying deviations from classical approaches, modeling these deviations formally, and empirically establishing their importance in economic decisions, the field is in the process of full integration into e...
متن کاملEssays on Contract Theory and Behavioral Economics
This thesis is a collection of essays on contract theory and behavioral economics. Chapter 1 proposes a model of choice under risk based on imperfect memory and self-deception. The model assumes that people have preferences over their own attributes and can, to some extent, manipulate their memories. It leads to a non-expected utility representation and provides a unified explanation for severa...
متن کاملContract Theory
2 Hidden Information, Screening 4 2.1 The Simple Economics of Adverse Selection . . . . . . . . . . . . . . . . . . 4 2.1.1 First-Best Outcome: Perfect Price Discrimination . . . . . . . . . . . 6 2.1.1.1 Comparison of type-specific contracts with each other . . . . 6 2.1.1.2 In case it’s been too long since you’ve last done a maximization problem . . . . . . . . . . . . . . . . . . . . . . . ....
متن کاملContract Theory and Theories of Contract Regulation
This Essay considers the substantive and institutional aspects of an economic theory of contract regulation. It lists the various functions that analysts have assigned to contract regulation and briefly discusses the substantive wisdom and institutional feasibility of performing those functions. The essay tentatively concludes that the state should enforce contracts, supply vocabularies that ar...
متن کاملTesting Contract Theory: a Survey
Since the early seventies, the development of the theoretical literature on contracts has been nothing short of explosive. The study of more and more sophisticated abstract models has gone hand in hand with the use of the tools of the theory to better understand many ...elds of economics, such as industrial organization, labor economics, taxation, insurance markets or the economics of banking. ...
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ژورنال
عنوان ژورنال: Journal of Economic Literature
سال: 2014
ISSN: 0022-0515
DOI: 10.1257/jel.52.4.1075