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The Theory of Incentives: The Principal-Agent Model

Paperback • 2001

The Theory of Incentives: The Principal-Agent Model

By Jean Jacques Laffont, David Martimort

0 Ratings • 0.0 of 5

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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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