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文章基本信息

  • 标题:Reflections on the 2016 Nobel Memorial Prize for contract theory (Oliver Hart and Bengt Holmström)
  • 本地全文:下载
  • 作者:Nicolai J. Foss ; Peter G. Klein
  • 期刊名称:Erasmus Journal for Philosophy and Economics (EJPE)
  • 印刷版ISSN:1876-9098
  • 出版年度:2016
  • 卷号:9
  • 期号:2
  • 页码:167-180
  • DOI:10.23941/ejpe.v9i2.234
  • 出版社:Erasmus Institute for Philosophy and Economics
  • 摘要:We briefly summarize the contributions of Oliver Hart and Bengt Holmström, two key founders of modern contract theory, and describe their significance for the analysis of organizations and institutions. We then discuss the foundations of modern contract theory and review some criticisms related to modeling strategy, assumptions about knowledge and cognition, and relevance. We conclude with some suggestions for advancing contract theory in a world of uncertainty, complexity, and entrepreneurship.
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