One of the world's leading economists offers a lucid, unified, and comprehensive introduction to modern corporate finance theory. Jean Tirole builds his groundbreaking book around a single model, using an incentive or contract theory approach. Weaving empirical studies into the book's theoretical analysis, Tirole places the corporation in its broader environment, both microeconomic and macroeconomic, and examines the two-way interaction between the corporate environment and institutions. This is an indispensable resource for graduate and advanced undergraduate students as well as researchers of corporate finance, industrial organization, political economy, development, and macroeconomics. Setting a new milestone in the field, it will be the authoritative text for years to come. Jean Tirole is Scientific Director of the Institut d'Economie Industrielle at the University of Social Sciences in Toulouse, one of Europe's leading centers for the study of economics.

ISBN: 0691125562 Publisher: Princeton University Press. Publication Date: 2006 Page Count: 656 pages.