Search Results for: Agency Theory Information And Incentives

Agency Theory is a new branch of economics which focusses on the roles of information and of incentives when individuals cooperate with respect to the utilisati

The economics of asymmetric information has been the most important new tool of economic analysis and has proved powerful in explaining many aspects of the func

Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith

This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the