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  • 标题:FROM TRADITIONAL THEORY OF FIRM TO NEW MICROECONOMICS
  • 本地全文:下载
  • 作者:Grigore Maria Zenovia Diamandescu Andrei
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2009
  • 卷号:XVIII
  • 期号:02
  • 出版社:University of Oradea
  • 摘要:In the neoclassical model firm, identified with a perfectly rational entrepreneur, is reduced to the function of production and is mechanically adapted to its environment. Reconsidering some hypothesis of this model led to a contractual approach of firm, based upon concepts and results of game theory and information economics. Contractual theories have as an objective to describe relations of exchange between agents, considering institutional and informational restrictions of their evolution background. The most known contractual theories are: transaction costs theory, which is based on the notion of transaction, positive theory of agency, which analyses divergences of interest between partners in the frame of collaboration and the cost of these conflicts, and theory of property rights which emphasizes the structure of property rights.
  • 关键词:neoclassical model, adverse selection, moral risk, contractual paradigm
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