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Theory of Incentives

Theory of Incentives Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. In this book, Jean-Jacques Laffont…

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Specifikacia Theory of Incentives


Theory of Incentives

Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking.

In seeking an answer, the authors provide the methodological tools to design institutions that can ensure good incentives for economic agents.This book focuses on the principal-agent model, Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: What makes people act in a particular way in an economic or business situation?

Theory of Incentives patrí medzi produkty, ktoré ponúkajú vyvážený pomer kvality a ceny. V hornej časti stránky nájdeš hlavný prehľad, nižšie podrobné vlastnosti a technické parametre.

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