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Firms, Markets, and Contracts

Contributions to Neoinstitutional Economics

  • Arnold Picot
  • Ekkehart Schlicht
Conference proceedings

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages I-VIII
  2. Georg Nöldeke, Klaus M. Schmidt
    Pages 1-17
  3. Bettina Mohr, Udo Schmidt-Mohr
    Pages 185-199
  4. Eva Hoffmann, Frank Hoffmann
    Pages 220-244

About these proceedings

Introduction

Modern institutional economics witnesses a merging of formal and informal strands of theorizing. This development has offered new and vigorous perspectives which avoid both arbitrariness and theoretical sterility. The essays on contract theory gathered here exemplify this development. They propone new results on central issues in contractual theorizing. The theory of the firm in its variegated aspects forms, naturally, the core of the present set of contributions. Issues of ownership, integration, delegation, and finan­ ce are analyzed. Some contributions use the theoretical approach of contract theory to explore other issues, like medical care, public good problems, the economics of crime, environmental economics, and international trade. The contributors are leading young economists. They have participated in one or se­ veral classes of the 'International Summer School on the New Institutional Economics' which has been organized by Rudolf Richter in the years 1988 through 1994 and is now continued by Urs Schweizer. The theoretical style of these contributions has been influ­ enced by this experience. This collection of essays is intended to express the thanks of the contributors to Rudolf Richter. His initiatives for scholarly instruction and for inter­ national exchange of ideas have helped to create and to diffuse the understanding of and the engagement for the new institutional economics in Europe.

Keywords

Institutionelle Ökonomie Kontrakttheorie Theorie der Unternehmung contract theory institutional economics organizations production theory of the firm

Editors and affiliations

  • Arnold Picot
    • 1
  • Ekkehart Schlicht
    • 2
  1. 1.Institut für OrganisationUniversität MünchenMünchenGermany
  2. 2.Volkswirtschaftliches InstitutUniversität MünchenMünchenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-46988-6
  • Copyright Information Physica-Verlag Heidelberg 1996
  • Publisher Name Physica-Verlag HD
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-7908-0947-3
  • Online ISBN 978-3-642-46988-6
  • Series Print ISSN 1431-1933
  • Buy this book on publisher's site