Table of Contents

Part I. Introduction:
1 Economics of contracts and renewal of economic analysis Eric Brousseau and Jean -Michel Glachant
Appendix: canonical models of three different theories of contract M'hand Fares
Part II. Contracts, Organizations and Institutions:
2. The new institutional economics Ronald Coase
3. Contract and economic organization Oliver Williamson
4. The role of incomplete contracts in self-enforcing relationships Benjamin Klein
5. Entrepreneurship, transaction costs and the design of contracts Erik G. Furubotn
Part III. Law and Economics:
6. The contract as economic exchange Jacques Ghestin
7. Contract theory and theories of contract regulation Alan Schwartz
8. Economic reasoning and the framing of contract law Victor Goldberg
9. A transactions costs approach to the analysis of property rights Gary Libecap
Part IV. Theoretical Developments: Where Do We Stand?:
10. Transaction costs in incentive theory David Martimort and Eric Malin
11. Norms and the theory of the firm Oliver Hart
12. Liquidity constraint and the allocation of control rights Philippe Aghion and Patrick Rey
13. Complexity and contract W. Bentley McLeod
14. Authority, as flexibility, is the core of labour contracts Olivier Favereau and Bernard Walliser
15. Positive agency theory: positioning and contribution Gerard Charreaux
Part V. Testing Contract Theories:
16. Econometrics of contracts: an assessment of developments in the empirical literature on contracting Scott Masten and Stéphanie Saussier
17. Experiments on moral hazard and incentives: reciprocity and surplus sharing Marc Willinger and Claudia Keser
Part VI. Applied Issues: Contributions to Industrial Organization:
18. Residual claimancy rights and ongoing rents as incentive mechanisms in franchise contracts: complements or substitutes? Francine Lafontaine and Emmanuel Raynaud
19. The quasi judicial role of large retailers Benito Arrunada
20. Interconnection agreements: strategic behaviour and property rights Godefroy Dang N'guyen and Thierry Penard
21. Licensing in the chemical industry Asish Aroroa and Andrea Fosfuri
Part VII. Policy Issues: Anti-trust and Regulation of Public Utilities:
22. Inter-industry agreements and European community competition law Michel Glais
23. Incentive contracts in utility regulation Matthew Bennett and Catherine Waddams Price
24. Contractual choice and performance: the case of water supply in France Claude Ménard and Stéphane Saussier
25. Institutional or structural reform: sequencing strategies for reforming the electricity industry Pablo Spiller and Guy Holburn
26. Electricity sector restructuring and competition Paul Joskow.

Look Inside

• Index (110 KB)
• Table of Contents (78 KB)
• Copyright Information Page (62 KB)
• Marketing Sample (148 KB)
• Marketing Excerpt (151 KB)
• Front Matter (197 KB)