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2. Contract theory - Wikipedia

   en.wikipedia.org/wiki/Contract_theory

   From an economic perspective, contract theory studies how economic actors can and do construct contractual arrangements, generally in the presence of information asymmetry. Because of its connections with both agency and incentives , contract theory is often categorized within a field known as law and economics .

3. Incomplete contracts - Wikipedia

   en.wikipedia.org/wiki/Incomplete_contracts

   In 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, an incomplete contract is one that is defective or uncertain in a material respect. A complete contract in economic theory means a contract which provides for the rights, obligations and ...

4. Implicit contract theory - Wikipedia

   en.wikipedia.org/wiki/Implicit_contract_theory

   In economics, implicit contracts refer to voluntary and self-enforcing long term agreements made between two parties regarding the future exchange of goods or services. Implicit contracts theory was first developed to explain why there are quantity adjustments ( layoffs ) instead of price adjustments (falling wages) in the labor market during ...

5. Law and economics - Wikipedia

   en.wikipedia.org/wiki/Law_and_economics

   Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director , George Stigler , and Ronald Coase .

6. English contract law - Wikipedia

   en.wikipedia.org/wiki/English_contract_law

   English contract law is the body of law that regulates legally binding agreements in England and Wales.With its roots in the lex mercatoria and the activism of the judiciary during the Industrial Revolution, it shares a heritage with countries across the Commonwealth (such as Australia, Canada, India [1]), from membership in the European Union, continuing membership in Unidroit, and to a ...

7. Title-transfer theory of contract - Wikipedia

   en.wikipedia.org/wiki/Title-transfer_theory_of...

   The title-transfer theory of contract (TTToC) is a legal interpretation of contracts developed by economist Murray Rothbard and jurist Williamson Evers. The theory interprets all contractual obligations in terms of property rights , [ 1 ] [ 2 ] viewing a contract as a bundle of title transfers.

8. United States contract law - Wikipedia

   en.wikipedia.org/wiki/United_States_contract_law

   SJ Burton and MA Eisenberg, Contract Law: Selected Source Materials Annotated (2011) RE Barnett, The Oxford Introductions to U.S. Law: Contracts (2010). MA Chirelstein, Concepts and Case Analysis in the Law of Contracts (6th edn 2010) EA Farnsworth, Contracts (2008) LL Fuller, MA Eisenberg and MP Gergen Basic Contract Law (9th edn 2013)

9. Efficient contract theory - Wikipedia

   en.wikipedia.org/wiki/Efficient_contract_theory

   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 example, the initial public offering market in the United States has an underwriting spread of approximately 7% in the majority of cases despite some offerings being of differing size or difficulty.