The Impact of Incomplete Contracts on Economics by Philippe Aghion, Mathias Dewatripont, Patrick Legros, Luigi Zingales

The Impact of Incomplete Contracts on Economics

Philippe Aghion, Mathias Dewatripont, Patrick Legros, Luigi Zingales

440 pages first pub 2016 (editions)

economics informative medium-paced
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Description

The 1986 article by Sanford J. Grossman and Oliver D. Hart titled "A Theory of Vertical and Lateral Integration" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property righ...

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