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Paperback • 2001
By Jean Jacques Laffont, David Martimort
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About the book
Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking. In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to dat...Show more
Book details
ISBN
9780691091846
Published year
2001
Language
Original title
The Theory of Incentives: The Principal-Agent Model
Format
Paperback
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