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(1990, NS 77) Lars Werin, Ingemar Ståhl, August 17-20, Saltsjöbadens Hotel, Saltsjöbaden, Proceedings: Lars Werin, Hans Wijkander; Contract Economics, 1992, Blackwell Publishers, Oxford, UK (no longer in print) |
| Table of Contents | |
| Contributors | vii |
| Introduction Lars Werin and Hans Wijkander | 1 |
| The
Arrow-Debreu Paradigm Faced with Modern Theories of
Contracting: a Discussion of Selected Issues Involving
Information and Time Roger Guesnerie |
12
|
| Comments by Lars Werin | 42 |
| On the New
Institutional Economics Steven N. S. Cheung |
48 |
| Comments by Gary S. Becker | 66 |
| Comments by Ronald H. Coase | 72 |
| Legal
Contract Theories and Incomplete Contracts Alan Schwartz |
76 |
| Comments by Jean Tirole | 109 |
|
Understanding the Structure of Village and Regional
Economies Robert M. Townsend |
114 |
| Comments by Armen A. Alchian | 139 |
| Comments by Thrainn Eggertsson | 143 |
| Contracts
and Incentives: the Role of Contract Terms in Assuring
Performance Benjamin Klein |
149
|
| Comments by William H. Meckling | 173 |
| Comments by John Moore | 176 |
| Contracts
and the Market for Executives Sherwin Rosen |
181 |
| Comments by Bengt Holmstrom | 212 |
| Financial
Intermediation, Equilibrium Credit Rationing, and Business
Cycles Hans Wijkander |
218
|
| Comments by Patrick Bolton | 240 |
| Comments by Oliver Hart | 244 |
| Specific
and General Knowledge, and Organizational Structure Michael C. Jensen and William H. Meckling |
251 |
| Comments by Harold Demsetz | 275 |
| Comments by Oliver E. Williamson | 282 |
| Contract
Theory and Macroeconomic Fluctuations Joseph E. Stiglitz |
292 |
| Comments by Nils Gottfries | 323 |
| Comments by Robert E. Hall | 328 |
| Panel Discussion | 332 |
| Remarks by Ronald H. Coase | 332 |
| Remarks by Robert E. Hall | 336 |
| Remarks by Oliver Hart | 341 |
| Index | 351 |
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