Vertragstheorie

Urs Schweizer provides a unified approach to the economic theory of contracts, including both the principal-agent theory and the theory of incomplete contracts. After presenting the basic ideas regarding these two areas, he deals systematically with the theory of hidden information and the problem of hidden action. He discusses renegotation within the hold-up problem in detail and covers recent contributions to this field as well. The book is intended for use at a graduate level.