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Economic Analysis of Information and Contracts

Essays in Honor of John E. Butterworth

  • Gerald A. Feltham
  • Amin H. Amershi
  • William T. Ziemba

Table of contents

  1. Front Matter
    Pages i-xv
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. Gerald A. Feltham, Amin H. Amershi, William T. Ziemba
      Pages 17-22
  3. Information Evaluation in Multiperson Contexts

  4. Contracting in Agencies Under Moral Hazard

    1. Front Matter
      Pages 167-167
    2. Phelim P. Boyle, John E. Butterworth
      Pages 169-196
    3. Amin H. Amershi, John E. Butterworth
      Pages 197-219
    4. Ella Mae Matsumura
      Pages 221-245
    5. Patricia J. Hughes
      Pages 247-268
  5. Contracting in Agencies with Private Information

  6. Back Matter
    Pages 409-415

About this book

Introduction

The three coeditors knew John Butterworth for many years and had worked closely with him on a number of research projects. We respected him as a valuable colleague and friend. We were greatly saddened by his untimely death. This book is an attempt to remember him. We dedicate the volume to John with thanks for the contributions he made to our research, to the Faculty of Commerce and Business Administration at the University of British Columbia, and to the accounting profession. This volume contains twelve invited papers on the general topic of the economic theory of information and contracts. We asked leading scholars who had known John to contribute papers. The response was very gratifying. The authors provided us with new strong research papers that should make a lasting contribution to the accounting and information economics research literature, and make us all proud to have put this volume together. The research papers in the volume are in three sections: information evaluation in multi person conte)l:ts; contracting in agencies under moral hazard; and contracting in agencies with private information. We begin part I with Jerry Feltham's review of John Butterworth's pioneering contributions to the accounting and information economics literature. This is followed by an introduction to the papers in the volume and the papers themselves.

Keywords

Capital Markets accounting agents communication economics evaluation financial market financial markets information moral hazard production research statistics valuation

Editors and affiliations

  • Gerald A. Feltham
    • 1
  • Amin H. Amershi
    • 2
  • William T. Ziemba
    • 1
  1. 1.University of British ColumbiaCanada
  2. 2.University of MinnesotaUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-009-2667-7
  • Copyright Information Springer Science+Business Media B.V. 1988
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-7702-6
  • Online ISBN 978-94-009-2667-7
  • Buy this book on publisher's site
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