Behavioral Contract Theory
综述了心理学与经济学(行为经济学)在契约理论中的研究,涵盖个体决策理论及其在道德风险、筛选、机制设计和不完全契约中的应用,并介绍了利用代理人错误的剥削性契约研究。
This review provides a critical survey of psychology-and-economics (“behavioral-economics”) research in contract theory. First, I introduce the theories of individual decision making most frequently used in behavioral contract theory, and formally illustrate some of their implications in contracting settings. Second, I provide a more comprehensive (but informal) survey of the psychology-and-economics work on classical contract-theoretic topics: moral hazard, screening, mechanism design, and incomplete contracts. I also summarize research on a new topic spawned by psychology and economics, exploitative contracting, that studies contracts designed primarily to take advantage of agent mistakes.