Abstract
Oliver Hart and Bengt Holmström were awarded the 2016 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their fundamental contributions to contract theory. This article offers a short summary and discussion of their path breaking work.
Dokumententyp: | Paper |
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Keywords: | contract theory; nobel prize; optimal incentive schemes; incomplete contracts |
Fakultät: | Volkswirtschaft > Collaborative Research Center Transregio "Rationality and Competition" |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
JEL Classification: | B21, D23, D82, L20 |
URN: | urn:nbn:de:bvb:19-epub-58031-8 |
Sprache: | Englisch |
Dokumenten ID: | 58031 |
Datum der Veröffentlichung auf Open Access LMU: | 27. Sep. 2018, 13:56 |
Letzte Änderungen: | 04. Nov. 2020, 13:37 |