Billede af bogens forside - More is Less

More is Less

af Maija (University of Bristol) Halonen-Akatwijuka

Bog, Paperback, Engelsk, 2024

Why are contracts incomplete? Asymmetric information theories also have limitations. This Element offers an explanation based on contracts as 'reference points' showing if parties have different views about the division of surplus, an incomplete contract can be superior if including a contingency would lead to divergent reference points.

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Bogdetaljer

  • SprogEngelsk
  • IndbindingPaperback
  • ISBN9781009396073
  • Udgivet23/05/2024
  • Udgivet afCambridge University Press
  • Længde34 sider
  • ForfatterMaija (University of Bristol) Halonen-Akatwijuka
  • GenreBusiness og læring, Økonomi og finans