Editorial Reviews. Review. “Incentive theory is at the very core of economics. This text is a In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to . David Martimort at Ecole d’économie de Paris le principal ne dispose pas de moyens pour observer les actions de l’agent (voir Laffont et Martimort, ). Jean-Jacques Laffont and David Martimort, The Theory of Inc tives. The Principal – Agent Model, Princeton and Oxford: Princet. University Press , pp.
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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 laffoont at the heart of economic thinking. Editorial Reviews Review “Incentive theory is at the very core of economics.
Share your thoughts with other customers. Note that if the versions have a very similar title and are in the author’s profile, the martikort will usually be created automatically.
This author has had 9 papers announced in NEP. Pages with related products. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of lffont contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking.
I’m convinced the material would be easier to understand had the notation been more conventional. I just can’t stand the overbar-underbar notation for distinguishing types, and I find no compelling reason to do so compared to subscript notation used in e. Withoutabox Submit to Film Festivals. Bloggat om The Theory of Incentives. Please note that most corrections can take a couple of weeks to filter through the various RePEc services.
Corrections All material on this site has been provided by the respective publishers and authors. Economics has much to do with incentives–not least, incentives to work hard, to produce quality products, to study, to invest, and to save.
This book is really good for people studying contract theory and with some knowledge of game theory. Would you like to tell us about a lower price?
The reason 5 stars is not given, is primarily because I find the choice of notation extremely confusing. Jean-Jacques Laffont has been one of the most important contributors to the field over the years, and David Martimort has shown his capacity for highly original work. The reason 5 stars is not given, is primarily because I find the choice of notation extremely confusing. The Basic Trade-Offs lafdont.
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Artikel Zitiert von Koautoren. Get to Know Us. Add all three to Cart Add all three to List. AmazonGlobal Ship Orders Internationally. Price Discrimination 22 1. Try the Kindle edition and experience these great reading features: International Journal of Industrial Organization 26 2, This text is a masterly exposition of the modern theory by one of the pioneers of the field, Jean-Jacques Laffont, together with one of its rising stars, David Martimort.
David Martimort – Google Scholar Citations
Slightly advanced, but really good. This book rates 5 stars because it is suprisingly easy to read for such a heavy deep subject.
Enter your mobile number or email address below and we’ll send you a link to download the free Kindle App. Get fast, free shipping with Amazon Prime. The material is difficult enough as it is, don’t make it harder by confusing notation! Give it a try. Administrative Behavior, 4th Edition: The Economics of Contracts: These items are shipped from and sold by different sellers.
Jean-Jacques Laffont | IDEAS/RePEc
Nonverifiability, the mixed model of adverse selection and moral hazard and some dynamic aspects of the two are also incorporated in a great deal of details. Top Reviews Most recent Top Reviews. I love the cover and the color combination also. East Dane Designer Men’s Fashion.