Contract Theory: Discrete- and Continuous-Time Models
Jaeyoung Sung
Gebundenes Buch

Contract Theory: Discrete- and Continuous-Time Models

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This book provides a self-contained introduction to discrete-time and continuous-time models in contracting theory to advanced undergraduate and graduate students in economics and finance and researchers focusing on closed-form solutions and their economic implications. Discrete-time models are introduced to highlight important elements in both economics and mathematics of contracting problems and to serve as a bridge for continuous-time models and their applications. The book serves as a bridge between the currently two almost separate strands of textbooks on discrete- and continuous-time con...