{"product_id":"impact-of-incomplete-contracts-on-economics-9780199826216","title":"Impact of Incomplete Contracts on Economics","description":"\u003cp\u003e • Author(s): Philippe Aghion\u003cbr\u003e • Publisher: Oxford University Press\u003cbr\u003e • Publisher Imprint: Oxford University Press\u003cbr\u003e • BISAC: Economics - Theory\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe 1986 article by Sanford J. Grossman and Oliver D. Hart titled \"A Theory of Vertical and Lateral Integration\" has provided a framework for understanding how firm boundaries are defined and how they affect economic performance. The property rights approach has provided a formal way to introduce incomplete contracting ideas into economic modeling. \u003cem\u003eThe Impact of Incomplete Contracts on Economics\u003c\/em\u003e collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.\u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Paperback","offer_id":46503812726935,"sku":"9780199826216","price":5995.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780199826216.webp?v=1769189839","url":"https:\/\/atlanticbooks.com\/products\/impact-of-incomplete-contracts-on-economics-9780199826216","provider":"Atlantic Books","version":"1.0","type":"link"}