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Barnes and Noble

The Impact of Incomplete Contracts on Economics

Current price: $72.00
The Impact of Incomplete Contracts on Economics
The Impact of Incomplete Contracts on Economics

Barnes and Noble

The Impact of Incomplete Contracts on Economics

Current price: $72.00
Loading Inventory...

Size: Paperback

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The 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.
The Impact of Incomplete Contracts on Economics
collects papers and opinion pieces on the impact that this property right approach to the firm has had on the economics profession.

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Barnes & Noble does business -- big business -- by the book. As the #1 bookseller in the US, it operates about 720 Barnes & Noble superstores (selling books, music, movies, and gifts) throughout all 50 US states and Washington, DC. The stores are typically 10,000 to 60,000 sq. ft. and stock between 60,000 and 200,000 book titles. Many of its locations contain Starbucks cafes, as well as music departments that carry more than 30,000 titles.

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