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(12-22PM2:30)岭南学术论坛-经济学系列Seminar

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演讲题目:Incentive-Compatibility in Financial Contracting with Limited Liability

演讲嘉宾:Xiaojian Zhao(Assistant professor of Economics, Hong Kong University of Science and Technology)

时      间:2016年12月22日(星期四)下午14:30-16:30

地      点:岭南堂汪道涵会议室

语      言:英文

 

内容摘要:

In the presence of limited liability, the incentive compatibility constraints in financial contracting models with asymmetric information are weaker than assumed in much of the literature. In this paper, we identify the problem that has been overlooked in the literature and provide a rigorous proof of optimality of debt contracts under fairly general assumptions.

 

此讲座中赵小健教授首先会给一个关于今年诺贝尔奖经济学奖获奖领域的科普讲座

Contracts: Theory and Practice

内容摘要: In this talk, the speaker will briefly introduce contract theory in the history of economic thought, the key ideas and applications of moral hazard models and incomplete contracting theory in relation to the real-life practice.

 

嘉宾简介:After receiving his PhD in economics at University of Mannheim, Prof Xiaojian Zhao has been an Assistant Professor of Economics at the HKUST since July 2010. His research focuses on contract theory, applied microeconomics and economics and psychology. Prof. Zhao’s contributions in contract theory have been published numerous journals including Review of Economic Studies, one of the top five journals in economics.

 

演讲嘉宾主页:http://www.bm.ust.hk/econ/staff/xjzhao.html

 

 

 

    欢迎感兴趣的师生参加!

 

    中山大学岭南学术论坛分经济、金融和管理三个系列,是定期邀请国内外优秀学者前来开展学术交流的平台。每系列每个月定期举办2-3次。目前已经成功举办多期,并得到了各界的高度评价。

    论坛主页:http://www.lingnan.net/seminar/

 

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