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From the Publisher"Salanié provides a broad overview of the economics of contracts.
Concision and clarity make the book an elegant introduction to the subject for newcomers. But it is also a useful reference for experienced students and researchers."—Roger Guesnerie, Collège de France
"Salanié has written an elegant book, concise in its explanations and tightly focused on the most useful models and results of contract theory. His experience in both theory building and theory testing are plain to see in his sure-handed choices, which separate the chaff from the wheat in this huge and growing body of theory. I recommend this book highly to students and newcomers to the economic theory of contracts."—Paul Milgrom, Professor of Economics, Stanford University
"The first edition of Salanié's book provided an insightful introduction to the modern economics of incentives and contracts. This second edition keeps up with recent advances while maintaining the emphasis on key ideas and intuitions. A great read."—Patrick Rey, IDEI, University of Toulouse