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Firms, Contracts, and Financial Structure (Clarendon Lectures in Economics)

Oliver Hart




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 | #367479 in eBooks |  1995-10-05 |  1995-10-05 | File type: PDF

||0 of 0 people found the following review helpful.| This is a classic that every economist should have in her/his bookshielf|By Jaime Tenjo Galarza|This book will bring you inside the black box of the supply and demand theory|0 of 1 people found the following review helpful.| An old gem|By Cag|An old gem in which Hart summarizes Firm Theory and also Corporate Finance literature.| ||"This book, which synthesizes most of Oliver Hart's work since 1980, provides a clear introduction to the modern theory of the firm, and ultimately a very compelling answer to...fundamental questions in the form of the increasingly accepted Property Rights Th

This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write incomplete contracts and where the allocation of power or control is therefore important. Power and control are not standard concepts in economic theory. The book begins by pointing out that traditional approaches cannot explain on the one hand why all transactions do not take place in one huge firm and on
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You easily download any file type for your device.Firms, Contracts, and Financial Structure (Clarendon Lectures in Economics)   |  Oliver Hart. I was recommended this book by a dear friend of mine.

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