rights and obligations of the parties. From an economic perspective, contract theory studies how economic actors can and do construct contractual arrangements...

In moral and political philosophy, the social contract is an idea, theory or model that usually, although not always, concerns the legitimacy of the authority...

other party to the contract. Contract theory is a large body of legal theory that addresses normative and conceptual questions in contract law. One of the...

parties regarding the future exchange of goods or services. Implicit contracts theory was first developed to explain why there are quantity adjustments (layoffs)...

related to corporate social responsibility, market economy, and social contract theory. The stakeholder view of strategy integrates a resource-based view...

through Polity Press. This book is a seminal work which discusses how contract theory continues to affirm the patriarchy through methods of contractual submission...

Social rights are rights arising from the social contract. For example, James Madison advocated that a right such as trial by jury arose neither from nature...

society). The theory uses an updated form of Kantian philosophy and a variant form of conventional social contract theory. Rawls's theory of justice is...

The nexus of contracts theory is an idea put forth by a number of economists and legal commentators (most notably Michael Jensen and William Meckling as...

In contract theory, mechanism design, and economics, an information asymmetry is a situation where one party has more or better information than the other...

external forces like the nudge theory, and relative forces like Adams' equity theory. The concept of psychological contract became more popular among researchers...

Efficient contract theory suggests that in a strong-form efficient market, if a contract exists, then it must be efficient due to survivorship bias. For...

grading in schools Contract killing Contract theory, in economics Contraction (disambiguation) Contractor (disambiguation) Design by contract, in computer programming...

A complete contract is an important concept from contract theory. If the parties to an agreement could specify their respective rights and duties for...

developed version of relational contract theory, called "comprehensive contract theory". Relational contract theory was originally developed in the United...

option contracts play an important role in the field of contract theory. In particular, Oliver Hart (1995, p. 90) has shown that option contracts can mitigate...

In ethics, political philosophy, social contract theory, religion, and international law, the term state of nature describes the hypothetical way of life...

Anglo-American universities with his 1971 book A Theory of Justice, which uses a version of social contract theory to answer fundamental questions about justice...

grows. In economic theory, the principal-agent approach (also called agency theory) is part of the field contract theory. In agency theory, it is typically...

but to remain on the sidelines. The author also critiques the theory of the social contract (J. Locke, T. Hobbes, J.-J. Rousseau and others), according...

Leviathan, in which he expounds an influential formulation of social contract theory. He is considered to be one of the founders of modern political philosophy...

The theory of incentives: The principal-agent model. Princeton University Press. Bolton, Patrick; Dewatripont, Matthias (2005). Contract theory. MIT...

justifications for their existence (such as divine right, the theory of the social contract, etc.). Today, the modern nation state is the predominant form...

consideration (value) in a contract. This reflects classical contract theory, in which consideration was viewed as a formal aspect of a contract, so that a seal...

economic theory, the field of contract theory can be subdivided in the theory of complete contracts and the theory of incomplete contracts. In contract law...

is gathered prior to concluding what category individuals suit. In contract theory, the terms "screening models" and "adverse selection models" are often...

Look up social contract in Wiktionary, the free dictionary. Social contract is a broad class of theories that try to explain the ways in which people...

microeconomic theory is by taking consumer choice as primitive. This model of microeconomic theory is referred to as revealed preference theory. The theory of supply...

growth and development. Azariadis originated and developed implicit contract theory. Azariadis studied engineering in the National Technical University...

philosophy, and contemporary concepts such as social contract theory. It was used in challenging the theory of the divine right of kings, and became an alternative...