Download or read book Contract Theory written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-12-15 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Asymmetric Information Corporate Finance and Investment written by R. Glenn Hubbard and published by University of Chicago Press. This book was released on 2009-05-15 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity—and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences—asymmetries—in access to information between "borrowers" and "lenders" ("insiders" and "outsiders") in financial transactions affect investment decisions of firms and the organization of financial markets. The original research emphasizes the role of information problems in explaining empirically important links between internal finance and investment, as well as their role in accounting for observed variations in mechanisms for corporate control.

Download or read book The Economics of Contracts written by Eric Brousseau and published by Cambridge University Press. This book was released on 2002-10-17 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 2002 survey of economics of contracts appealing to scholars in economics, management and law.

Download or read book The Theory and Application of Multinational Corporate Governance written by Runhui Lin and published by Springer Nature. This book was released on 2022-02-07 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinational enterprises have become a main engine of the global economy, technical advancement, and product innovation, playing a pivotal role in the world economy and the global technological revolution. However, MNEs are also often embroiled in financial fraud and corporate scandal which show that MNEs should improve their corporate governance. Meanwhile, as COVID- 19 runs rampant across the world, populism and deglobalisation have resurged, and protectionism and unilateralism are exerting negative impacts on the world economy. Achieving sustainable development in this context is a test of a company’s management and governance abilities. How should they be governed? This book will be a useful tool for university research-led teaching and fundamental research in corporate governance theories of MNEs in general, as well as using Chinese case studies as evidence to support our theoretical arguments.

Download or read book Credit Intermediation and the Macroeconomy written by Sudipto Bhattacharya and published by . This book was released on 2004 with total page 934 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developments in theories of financial markets and institutions, using the tools of the economics of uncertainty and of contracts, as well as results in game theory, have, over the last two decades, constituted an exciting and burgeoning field of research. This collection of readings drawstogether highlights of the 'second generation' literature in this area, emphasizing the theoretical, institutional, and policy-oriented regulatory implications of some of the key modelling techniques in the field.The collection divides into seven sections covering the monitoring role of banks and other intermediaries; liquidity demand and the role of banks and the government; bank runs and financial crises; bank regulation; inter-bank competition and bank--firm relationships; comparative financial systems;and imperfect credit markets and the macroeconomy. Each section comprises four articles previously published in top-ranking economics and finance journals, plus a discussion by a prominent scholar, who provides a synthesis and critique of the literature, and suggests promising directions for futureresearch and application of results.

Download or read book Sourcing Strategy written by Sudhi Seshadri and published by Springer Science & Business Media. This book was released on 2005-04-07 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sourcing Strategy is about sourcing as a long term strategic activity. Myopic purchasing management stops short with describing functional procedures and procedural innovations such as online order processing. The goal of this book is not merely to document sourcing strategy, but to provide the tools to determine it. Therefore, rather than merely describe common sourcing processes, the book takes a normative approach to sourcing strategy. It argues for a rational, complete and integrated process view. It supports its recommendations with logical arguments from an interdisciplinary and analytical approach grounded in microeconomics, law and business strategy. Part 1 of the book explains the economic and business principles that underlie sourcing strategies. It derives policies that guide viable strategies to meet sourcing goals. Part 2 applies these to creative designs for standard sourcing scenarios.

Download or read book Information Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-12-18 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Information Economics The study of how information and information systems influence an economy and the decisions that are made within it is the focus of the field of microeconomics known as information economics, often known as the economics of information. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Information economics Chapter 2: Economics Chapter 3: Market failure Chapter 4: Index of economics articles Chapter 5: Moral hazard Chapter 6: George Akerlof Chapter 7: The Market for Lemons Chapter 8: Contract theory Chapter 9: Adverse selection Chapter 10: Information asymmetry Chapter 11: Experimental economics Chapter 12: Efficiency wage Chapter 13: Personnel economics Chapter 14: Quarterly Journal of Economics Chapter 15: Market (economics) Chapter 16: Screening (economics) Chapter 17: Credit rationing Chapter 18: Georges Dionne (professor) Chapter 19: Implicit contract theory Chapter 20: History of microeconomics Chapter 21: Economic transparency (II) Answering the public top questions about information economics. (III) Real world examples for the usage of information economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of information economics. (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 information economics.

Download or read book The Oxford Handbook of Entrepreneurial Finance written by Douglas Cumming and published by OUP USA. This book was released on 2012-03-22 with total page 937 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive picture of issues dealing with different sources of entrepreneurial finance and different issues with financing entrepreneurs. The Handbook comprises contributions from 48 authors based in 12 different countries.

Download or read book Wage Employment Patterns in Labor Contracts written by R. Cooper and published by Routledge. This book was released on 2018-10-24 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.

Download or read book Economics of Database Assisted Spectrum Sharing written by Yuan Luo and published by Springer. This book was released on 2016-08-13 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the interaction between the technical and economic issues in database-assisted dynamic spectrum networks. It explains various business models for different network settings, analyzing the user behaviors and system equilibrium under each model. With the explosive growth of mobile devices and bandwidth-hungry applications, radio spectrum is becoming increasingly congested and scarce. Database-assisted dynamic spectrum sharing is a promising technology for solving the problem of spectrum scarcity and congestion by allowing unlicensed mobile devices to dynamically access the under-utilized licensed spectrum resources through the assistance of a database. Database-assisted spectrum sharing network architecture has received wide and enthusiastic support from spectrum regulators, standards bodies, and industrial organizations. This book serves as a resource for researchers in white space communications and networking, for regulators in the wireless industry, and for graduate students and senior undergraduate students taking a course on network economics.

Download or read book New Directions in Research on E commerce written by Charles William Steinfield and published by Purdue University Press. This book was released on 2003 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work discusses the huge impact of electronic networks, particularly the Internet, and how they will remain an integral force in business. It emphasizes the importance of research and understanding in the area of electronic commerce.

Download or read book Contract Theory written by Patrick Bolton and published by MIT Press. This book was released on 2004-12-10 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.

Download or read book Ownership and Asymmetric Information Problems in the Corporate Loan Market written by Lewis Gaul and published by CreateSpace. This book was released on 2015-01-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: In credit markets, asymmetric information problems arise when borrowers have private information about their creditworthiness that is not observable by lenders. If these informational asymmetries do not negatively affect lenders' profitability, then they are irrelevant to lenders.

Download or read book The Limits of Government written by Gunnar Eliasson and published by Transaction Publishers. This book was released on with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: When and why does government interference in the market process succeed and when and why does it fail? The limits of government and the consequences for economic growth of government interference in markets are the central themes in this book. Theoretical as well as case-oriented empirical studies are included. The anthology contains selected papers presented at the Sixth Conference of the International Joseph A. Schumpeter Society in Stockholm. There is no way to understand how an economy at large behaves without taking a close look at the actors who make it behave. There is no way to understand the agents operating in markets without placing them in the context of the institutions that determine the incentives that pull, and the competition that pushes, them in different directions and together coordinate all actors into a fairly consistent macro-economic whole. This also means that successful policymaking, whether directed at the macro or micro levels of the economy, demands insights on the part of the policymaker that go far beyond what mainstream economic theory is capable of providing. The volume is divided into two parts: Theories of State Interference and Consequences of State Interference and Non-Interference. The volume is remarkably current, including essays on Microsoft versus Netscape; Russia's Agrarian Dilemma; the Expanding Public Sector; and a contribution to fundamental economic policy analysis concerning prospects for democratic capitalism. The volume is serious, concrete, rich in statistical data of present-day worth and empirical research of larger theoretical value. Gunnar Eliasson is author of Technology Generation or a National Prestige Project: The Swedish Aircraft Industry (in Swedish). His colleague, Nils Karlson is president of the City University of Stockholm. Among his writings are The Future of the Social Insurance System; Can the Present Problems of Mature Welfare States Be Solved; and States within States.

Download or read book Voluntary Environmental Agreements written by Patrick ten Brink and published by Routledge. This book was released on 2017-08-25 with total page 747 pages. Available in PDF, EPUB and Kindle. Book excerpt: Voluntary environmental agreements (VEAs) – generally agreements between government and business – have been regarded by many as a key new instrument for meeting environmental objectives in a flexible manner. Their performance to date has, however, also led to considerable criticism, with several parties arguing that they are methods for avoiding real action that goes beyond "business-as-usual". Is either of these positions justified? The aim of this book is to highlight and learn the lessons from existing experience, looking not just at results but also at specific elements of agreements and also at the process of the agreement itself. Lessons are drawn from experience from across the world, covering the full range of environmental challenges, and from the perspective of key stakeholder groups. Importantly, the book also presents tools for assessing and improving existing agreements and includes recommendations and guidelines for future agreements in key areas such as climate change. It also deals at length with the problem of how such agreements might be used in developing and transitional economies. The overall view of the book is that there is a real potential for the future use of VEAs as part of the policy mix and as a tool for sharing the responsibility for meeting environmental objectives. For the agreements to play this role, however, significant steps are needed to ensure that they are effective, efficient, equitable and appropriately linked to a portfolio of other instruments. The book is divided into four sections. First, existing agreements, their development and efficacy are considered; second, the prospects for voluntary agreements in developing and transitional economies are discussed; third, a range of authors examine the role of VEAs as part of the policy mix to combat climate change; and, finally, the book concludes with an examination of how new tools for evaluating and improving VEAs could be utilized in the future. Voluntary Environmental Agreements will be of interest not only to academics, governments and businesses wishing to understand this specific instrument, but also to those already implementing or considering applying VEAs to meet their environmental objectives.

Download or read book Spatial Economic Metamorphosis of a Nebula City written by Abderrahman El Makhloufi and published by Routledge. This book was released on 2013-02-11 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the long term spatial-economic metamorphosis of Schiphol and the Schiphol region as archetypal for a wider international phenomenon of urban development of metropolises across the world. It study the origins and course of urban development process by identifying and explaining which (collective) arrangements, including their ambient factors and the visual representations of the city and urbanity, have influenced this metamorphosis in a decisive manner.

Download or read book Dynamics in chains and networks written by H.J. Bremmers and published by BRILL. This book was released on 2023-08-28 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Companies in food- and agribusiness chains and networks are facing ever-faster changes in the business environment, to which they must respond through continuous innovation. Societal concerns regarding animal welfare and environmental issues have to be met in a very competitive, increasingly global environment. The growing concern of consumers regarding the quality, traceability and environmental friendliness of products and processes call for fundamentally new ways of developing, producing and marketing products. New ways of organizing food supply networks, with new ties between firms and even between formerly separate sectors -such as the health and the food sector- are needed to cope with these new demands. This publication focusses on the dynamic response to these changes in chains and networks. Important topics include among others: critical success factors for design and control of innovative chains and networks, globalization of the business environment, effects of institutional and policy change, governance structures, technologies for managing interaction and design of information architectures for chains and networks."