Ökonomische Vertragstheorie in der deutschen Literatur – vom Nutzen der Literatur für Ökonomie und Politikberatung
JOURNAL ARTICLE
Cite JOURNAL ARTICLE
Style
Format
Ökonomische Vertragstheorie in der deutschen Literatur – vom Nutzen der Literatur für Ökonomie und Politikberatung
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 123 (2003), Iss. 4 : pp. 521–543
Additional Information
Article Details
Birchler, Urs
Abstract
German literature is a rich source of illustrations to the economic theory of contracts. We find instances of optimal and of non-optimal contracts along with ideas from principal-agent theory and from game theory like the winner’s curse or the prisoner’s dilemma. Literary works thus provide inspiring examples for teaching economics. But they also remind of the literary side of economics and, finally, they cast some light on the practical applicability of economic concepts.