The Theory of Incentives: The Principal-Agent Model Paperback - 2002
by Jean-Jacques Laffont; David Martimort
First line
Incentive theory emerges with the division of labor and exchange.
From the rear cover
"Incentive theory is at the very core of economics. 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."--Eric Maskin, Institute for Advanced Study
"This book will surely be the standard technical reference in an important field for a number of years--possibly for many if the field ceases to develop so rapidly. It is indeed a fine contribution to the economics literature."--Sir James Mirrlees, Cambridge University, 1996 Nobel Laureate in Economic Sciences
"The most important development in economics in the last forty years has been the study of incentives to achieve potential mutual gains when the parties have different degrees of knowledge. The time is ripe for a synthesis and systematization. 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. This book, dealing with the basic models of the field, combines clarity, thoroughness, and great respect for historical development."--Kenneth J. Arrow, Stanford University, 1972 Nobel Laureate in Economic Sciences
Details
- Title The Theory of Incentives: The Principal-Agent Model
- Author Jean-Jacques Laffont; David Martimort
- Binding Paperback
- Edition First Printing
- Pages 440
- Volumes 1
- Language ENG
- Publisher Princeton University Press, Princeton and Oxford
- Date 2002-01-15
- Features Index, Table of Contents
- ISBN 9780691091846 / 0691091846
- Weight 1.97 lbs (0.89 kg)
- Dimensions 9.99 x 6.99 x 1.14 in (25.37 x 17.75 x 2.90 cm)
- Library of Congress subjects Economics, Incentives in industry
- Library of Congress Catalog Number 2001051039
- Dewey Decimal Code 338.9
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