Contract Economics

Contract economics has become increasingly important in understanding and modelling the economic organization. However, research within this emerging and very active field has followed various routes, different problems and aspects have been emphasized and methods vary considerably. There is a need, therefore, to take stock of the research carried out so far, and to ascertain how the various strands relate to one another. Contract Economics includes contributions from many of the leading academics and researchers in the field. These contributions are drawn together by the editors to form a coherent volume that covers the theory of implicit and explicit contracts and the application of this theory in labor economics, industrial organization, international trade and financial intermediation.