Talk:Contract theory

Dr. Ma's comment on this article

Dr. Ma has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

A number of topics should be included: Multilateral contracts and the related Principal-Multiagent problem; dynamic contracts with and without commitment, contract renegotiation, relational contracts, information acquisition in contracts. The text books "Contract Theory" by Bolton and Dewatripoint, MIT Press, and "The Theory of Incentives" by Laffont and Martimort, Princeton University Press, should be mentioned. Quite a number of Nobel Prize announcements in recent years are on contract and related topics. In particular, James Mirrlees is usually regarded as a pioneer in contract, way before Holmstrom, and Grossman and Hart.

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Ma has published scholarly research which seems to be relevant to this Wikipedia article:

• Reference : Ting Liu & Ching-to Albert Ma, 2012. "Health Insurance, Treatment Plan, and Delegation to Altruistic Physician," Department of Economics Working Papers 12-08, Stony Brook University, Department of Economics.

ExpertIdeasBot (talk) 15:21, 24 June 2016 (UTC)

Dr. Miceli's comment on this article

Dr. Miceli has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

This article provides a good overview of contract theory, and is correct as far as I can see. The discussion of adverse selection, however, omits the seminal role of George Akerlof in first identifying the problem in his analysis of the market for used cars (lemons) (though mention of Akerlof is made at the end of the article, along with Michael Spence). It also omits the contributions of Michael Rothschild, Joseph Stiglitz, and Stephen Salop in first discussing market responses (in insurance and labor contexts) to the adverse selection problem.

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Miceli has published scholarly research which seems to be relevant to this Wikipedia article:

• Reference : Thomas J. Miceli, 2014. "Transaction-Specific Investments and Organizational Choice: A Coase-to-Coase Theory," Working papers 2014-06, University of Connecticut, Department of Economics.

ExpertIdeasBot (talk) 18:07, 27 June 2016 (UTC)

April 2023 Edits

User:Wenbro and 2601:19E:4180:6D50:65F5:930C:B0B2:CD63, please discuss your edits here and try to develop a consensus. Woodroar (talk) 13:02, 24 April 2023 (UTC)

My thoughts on the dispute: the cited source appears to be reliable and should probably be incorporated into the article. However, there was too much detail for the lead section, which is supposed to be a summary of the body of the article; we normally add content to the body first, and then summarize in the lead if it's a significant viewpoint. In addition, there was too much content cited to a single source; typically a single source can support a paragraph or maybe two, but there were more than a dozen paragraphs. 2601:19E also mentioned a potential copyright violation at User talk:Wenbro#April 2023. That should be discussed if true. Woodroar (talk) 13:23, 24 April 2023 (UTC)

I revdel'd two revisions that were largely copied from Investopedia; nothing else in the other edits jumped out at me from a copyright perspective. DanCherek (talk) 02:22, 25 April 2023 (UTC)

Thank you, DanCherek. Going forward, Wenbro may want to read the guidelines re: copyright violations and supporting content with WP:RELIABLE sources. As Woodroar noted, the lede was jammed with multiple definitions of what a contract theory is, and some of the tone wasn't encyclopedic, so there were multiple red flags. 2601:19E:4180:6D50:65F5:930C:B0B2:CD63 (talk) 03:54, 25 April 2023 (UTC)