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.